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Is SpaceX Under $160 a Bargain or a Trap?

The Motley Fool·
Is SpaceX Under $160 a Bargain or a Trap?

SpaceX stock has been volatile since its June IPO at $135 per share, currently trading around $157.54 with a $2.07 trillion market cap. While the company shows strong revenue growth (33% YoY to $18.7B) and promising AI contracts, the stock trades at 110x sales with a $4.9B net loss. The author views it as a trap rather than a bargain due to high valuation, expected larger losses ahead, and ~$800B in insider holdings becoming eligible for sale by October.

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