According to ChainCatcher, Tesla shares fell 8.9% in the three months after SpaceX began trading in June, while the S&P 500 rose 2.7% over the same period. SpaceX, by contrast, climbed 9.8% from its offering price. An eToro strategist said investors are treating SpaceX as a growth story, while Tesla is dealing with transition challenges. The figures point to a clear divergence in how the market has priced the two companies since SpaceX started trading.
According to ChainCatcher, Tesla shares fell 8.9% in the three months after SpaceX began trading in June, while the S&P 500 rose 2.7% over the same period.
SpaceX shares were up 9.8% from their offering price. An eToro strategist said investors see SpaceX as a growth story, while Tesla faces transition challenges.
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