◆ NeutralSPCXASTSRKLBTSLAUFO
SpaceX Stock Faces Post-IPO Valuation Risks as AST SpaceMobile, Rocket Lab Rebound
Investing.com·
SpaceX's IPO has driven its stock from $135 to over $225, creating a $2.5 trillion valuation driven by retail options trading and float scarcity rather than fundamentals. The company trades at 20x projected 2027 sales while posting $4.94 billion annual losses. A $60 billion all-stock acquisition of Cursor and Tesla merger rumors inflate valuations further. Meanwhile, AST SpaceMobile and Rocket Lab offer better risk-reward profiles after being temporarily overshadowed by the SpaceX IPO frenzy.
Read Full Article at Investing.com →