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SpaceX’s IPO threatens to leave the Tesla share price on the forecourt
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SpaceX’s IPO threatens to leave the Tesla share price on the forecourt
SpaceXâs planned June IPO could be a real test for the Tesla (NASDAQ: TSLA) share price. If Elon Muskâs rocket company comes to market at the planned valuation of $1.75trn, it would be the biggest IPO in history. Oppenheimerâs Colin Rusch has warned that some investors may prioritise SpaceX shares over Tesla, which could distract from the stock. The shares are already down 28% from recent highs, so timing matters. Yet the falling share pri…
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