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SpaceX Stock Is Down Again Today. Is Now the Time to Buy?

The Motley Fool·
SpaceX Stock Is Down Again Today. Is Now the Time to Buy?

SpaceX stock has dropped 7.6% and is now 12% below its IPO high, trading at $180.20. While the decline may present an opportunity for long-term investors, the stock remains expensive relative to near-term valuations. CEO Elon Musk projects $1 trillion in 2030 sales, but Wall Street analysts are more conservative, expecting $330-470 billion. The stock's volatility is likely to continue.

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