Scott Galloway, NYU Stern professor, called SpaceX shares "crazy overvalued," suggesting an intrinsic value of $10 to $30 versus the $146 close on Aug. 17, 2026. He cites a low public float of about 4%, forced buying from NASDAQ-100 inclusion, and speculative AI ambitions as drivers inflating the price. A major share unlock of 319 million shares on Aug. 20 and up to 70% of non-Musk shares by year-end could pressure the stock. However, Wall Street remains optimistic with a consensus price target around $226, backed by strong Q2 revenue growth and unique business segments like Starlink and AI infrastructure. The upcoming unlock will test whether SpaceX's price reflects scarcity or genuine demand.
Since going public just over two months ago, SpaceX's stock has experienced volatility but is down only about 2% from its $150 opening price. The company reported earnings that beat expectations, which lifted shares by 17% post-report and reinforced ...
SpaceX reported a 92% year-over-year revenue increase to $7.81 billion in Q2 2026, driven by growth in Starlink subscribers and AI segment expansion. Despite this strong revenue growth, the company continues to face operating and net losses, leading ...
Shares of major space companies like SpaceX, Rocket Lab, and AST SpaceMobile dropped Tuesday, driven by a broad selloff in AI hardware stocks and rising Treasury yields. While the overall Industrials sector gained, space stocks—classified under Indus...
Ray Dalio, founder of Bridgewater Associates, warns that the AI market in 2026 exhibits classic bubble characteristics similar to 1929 and 2000. He highlights the gap between actual cash and inflated valuations, where startups are valued at billions ...
SpaceX shares rose over 17% following a strong Q2 earnings report showing 92% revenue growth to $7.8 billion, driven by Starlink subscriber growth and AI services. However, Phillip Securities analyst Glenn Thum issued a 'Sell' rating, warning of a po...
