With SpaceX Falling Below Its IPO Opening Price, Is Tesla a Better Buy for the Second Half of 2026?
Elon Musk's companies have significant upside potential but also face substantial risks.
Overview
The IPO of Space Exploration Technologies (NASDAQ: SPCX) may have been a record-breaking spectacle that captured the attention of investors worldwide, but it's been a roller-coaster ride ever since.
The stock is trading at around $135 per share as of this writing, a far cry from the $225 it commanded in its earliest trading days last month.
Details
While SpaceX is still trying to find its footing in the public markets, Elon Musk's other mega company, Tesla (NASDAQ: TSLA), just posted its best sales quarter in years. So is Tesla a better buy in the second half of 2026? My prediction is that it is absolutely the better company for investors right now.
Source
Originally published at www.fool.com.