STOCKS | Tesla Shares Hold Steady a Month After SpaceX IPO

Tesla Inc. shares have held their ground about a month after SpaceX’s IPO, easing earlier worries on Wall Street that the deal could pose an existential threat to Elon Musk’s electric-vehicle maker, according to Bloomberg. In the weeks before the listing, some investors and analysts had warned the SpaceX offering could draw capital and attention away from Tesla, but the post-IPO market reaction has been less definitive.