SpaceX Stock Holds Steady a Month After Record IPO, Tesla Unchanged

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โดย Bloomberg·Read original

Summary · why it matters

SpaceX shares have settled near their opening price a month after the largest initial public offering in history, while Tesla's stock has barely moved, leaving unresolved the debate over whether the two Elon Musk companies will merge. SpaceX, formally Space Exploration Technologies Corp., priced its IPO at $135 on June 11 and opened at $150 on June 12, briefly soaring before closing Thursday at $152.16. Tesla opened at $399.49 on June 12 and now trades at $406.55, with speculation about a combination preventing initial fears of a 'Musk premium' from weighing on the stock. SpaceX lost $4.4 billion in 2025 and is projected to lose $2.6 billion in 2026, yet its $2 trillion market capitalization exceeds Tesla's $1.5 trillion, and analysts remain overwhelmingly bullish with an average price target of $236. Some investors see a tie-up as inevitable, though most expect no deal for at least a year, giving Tesla time to prove its robotaxi and robotics businesses.