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XFundManager

10/20/21 4:39 PM

#55179 RE: rolvram #55177

Elon Musk could announce as early as months end the acquisition of VELO3D. At the moment VLD is the only company in the world that can manufacture SpaceX rocket engines.


It is rumoured that Tesla will also be using the company to produced complex manufacturing parts for not only its EV cars but also Tesla solar. This would result in manufacturing time to be reduced by 80% and the cost to be cut in half.




https://ir.velo3d.com/news-events/press-releases/detail/59/velo3d-to-announce-third-quarter-2021-results-on-november