From 24/7 Wall St. · Omor Ibne Ehsan · · 50s
SpaceX IPO Crashes 32% But Analysts Hold Firm
SpaceX's $1.8T IPO crashes 32% yet 28 Wall Street analysts refuse to downgrade.
In brief
SpaceX's $1.8T IPO crashes 32% yet 28 Wall Street analysts refuse to downgrade. SpaceX's stock dropped 32% from IPO price but 28 analysts maintain a buy rating despite the crash. Originally reported by 24/7 Wall St..
SpaceX IPO
SpaceX priced its June IPO near $2 trillion valuation.
Stock Crashes 32%
The stock fell 32% in weeks after IPO.
Analyst Ratings
28 Wall Street analysts hold SpaceX as a buy.
Starlink Cash Engine
Starlink now generates cash for SpaceX.
AI Segment Growth
AI revenue jumped 247% year over year.
Morgan Stanley View
Morgan Stanley says SpaceX is 'attractively valued'.
What Happens Next
Q3 report will decide if SpaceX stock recovers.
The big picture
SpaceX's stock dropped 32% from IPO price but 28 analysts maintain a buy rating despite the crash.
