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Tesla Stock Underperforms SpaceX in First Week After IPO

Tesla Stock Underperforms SpaceX in First Week After IPO
Key Points

Tesla Stock Underperforms SpaceX in First Week After IPO Tesla Inc. stock is set to end the holiday-shortened week lower after SpaceX went public last Friday. Shares are down 2.9% since the June 12 close. Over the same period, stock of Space Exploration Technologies Corp. has climbed 12% and the S&P 500 has edged higher by about 1%.

Tesla Stock Underperforms SpaceX in First Week After IPO Tesla Inc. stock is set to end the holiday-shortened week lower after SpaceX went public last Friday. Shares are down 2.9% since the June 12 close. Over the same period, stock of Space Exploration Technologies Corp. has climbed 12% and the S&P 500 has edged higher by about 1%.
Tesla Stock Underperforms (ORG) First Week (ORG) IPO Tesla Stock (ORG) IPO Tesla Inc. (ORG) SpaceX (ORG) Space Exploration Technologies Corp. (ORG)
Originally published by Bloomberg Technology Read original →