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How Much Could $1,000 in SpaceX Stock Be Worth in 3 Years?
The Motley Fool·
SpaceX's IPO saw strong first-day gains of 19%, but historical data suggests mega-IPOs underperform the market by 5.3 percentage points over three years. With SpaceX trading at over 100 times sales despite only 33% year-over-year revenue growth, the stock is priced for perfection. The analyst expects the stock to underperform the market once the initial FOMO subsides, potentially losing several hundred dollars on a $1,000 investment within three years.
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