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Tesla casts long shadow over SpaceX’s bumpy market debut (opens original article in a new tab)

TL;DR

SpaceX's market debut faced volatility as shares dropped over 20% from their peak, with investors comparing its performance to Tesla's successful IPO trajectory.

  • SpaceX shares fell over 20% from post-IPO high
  • Tesla's early investors saw $1,000 investment grow to $24,000
  • SpaceX's valuation heavily influenced by Elon Musk's brand and growth projections

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