SpaceX stock fell more than 4% in pre-market trading following a sharp decline after its record $75 billion IPO. The stock surged above $225 after going public but has since retreated to around $178-$185 as early investors take profits. High valuation, trading at over 90 times projected revenue, and concerns about dilution from a $60 billion AI startup acquisition have pressured the stock. Investors also anticipate more shares entering the market after Q2 earnings, adding to selling pressure despite long-term confidence in SpaceX's space and satellite businesses.
SpaceX's IPO valuation has soared to about $2.44 trillion, nearly 40% above its initial $1.75 trillion price, despite the company lacking profitability, EBITDA, or dividends. Analysts, including those from Morningstar, caution that the stock could be...
Jason Calacanis cautioned Y Combinator founders on his podcast against accepting free OpenAI tokens in exchange for equity, arguing it could allow OpenAI to study and potentially absorb the most successful startups' technology. He suggests this move ...
SpaceX shares, currently trading around $185 after a strong IPO surge, could rally back to their all-time high near $225 if the stock breaks above the key resistance level of $192.55. The stock has been in a descending channel following its record hi...
SpaceX's stock surged 67% above its IPO price shortly after debut but has since cooled to a 33% gain. The initial excitement is fading, yet the company is expected to be added to stock indexes soon. This inclusion could attract a new wave of investor...
Prediction market data shows an 11% chance SpaceX will reach a $3 trillion market cap by June 2026, with even lower odds for higher valuations. After a strong post-IPO rally, SpaceX's market cap stands around $2.4 trillion. Investors remain divided: ...
