Motley Fool·3 min read·medium

SpaceX Is Down 19% From Its IPO Price. Tesla's History Suggests This May Happen Next - Yahoo Finance

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Prosper Junior Bakiny
SpaceX Is Down 19% From Its IPO Price. Tesla's History Suggests This May Happen Next - Yahoo Finance
AI Summary

SpaceX shares have dropped 19% since their recent IPO, prompting comparisons to Tesla's historical market performance. Investors are looking at past trends to gauge potential future volatility for the space company.

Space Exploration Technologies(SPCX-3.41%) made history in June when it completed the largest IPO in history. It's been a wild ride for the space company since then. It opened at $150, meaningfully u…

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