◆ NeutralSPCX

Where Is the Floor for SpaceX Stock Right Now?

The Motley Fool·
Where Is the Floor for SpaceX Stock Right Now?

SpaceX stock has plummeted over $1 trillion from its peak valuation since its IPO, trading around $115 compared to its $135 IPO price and $161 first-day close. The article suggests the initial $1.8 trillion valuation was unjustified by fundamentals, and recommends patient investors wait until after the August 4 earnings report and the August 6 lockup expiration before building positions.

Read Full Article at The Motley Fool
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