Business & Finance
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%.