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Since SpaceX began trading in June, Tesla's stock price has fallen 8.9%, while the S&P 500 index has risen 2.7% during the same period. SpaceX's stock price has risen 9.8% from its issue price of $135 on June 11th. Tesla's weak performance is related to recent financial reports and product releases. According to Lale Akoner, a global market strategist at eToro, investors view SpaceX as a purer growth story and Tesla as a higher risk transformation bet. Roundhill Financial CEO Dave Mazza stated that SpaceX needs to prove an annualized revenue scale of $100 billion, and Tesla needs to prove that it is not just a Musk concept stock.