And 3 more markets on this event.
View on PolymarketSpaceX stock is trading in the $123–$131 range less than two months after its historic IPO, with investors weighing long-term growth potential against short-term profitability concerns.
The stock is influenced by major Wall Street brokers (including Morgan Stanley, Goldman Sachs, and UBS) that have issued buy ratings, alongside retail investors reacting to post-IPO volatility.
The company recently became the entity behind the world's largest IPO ever, propelling Elon Musk to become the first trillionaire, while analysts are now setting diverse price targets ranging from $62 to $800.
in.investing.comYahoo NewsWall Street JournalMaintaining a price above $90 is critical for the stock to remain well above its IPO threshold and avoid negative sentiment associated with breaking below initial public offering levels.
ReutersNote: The Q2 earnings release will unlock approximately 911 million shares (20% of total) for early investors, potentially increasing selling pressure in late July.
SpaceX shares briefly slid below their IPO price for the first time since the blockbuster market debut, closing just above that level at $135.27.
ReutersSpaceX (SPCX) closed at $131.07 on BTT, marking a recovery from earlier intraday lows.
markets.businessinsider.comThe share price settled at $123.99 following a previous close of $131.11, with today's range spanning $122.12 to $130.33.
investing.comin.investing.comQ2 earnings release is expected, which will trigger the start of a 20% share lock-up expiry for most early investors beginning the second full trading day after the report.
fool.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Wall Street brokers including Morgan Stanley, Goldman Sachs, and UBS have initiated coverage with buy-equivalent ratings, citing SpaceX's long-term growth story in rockets and AI.
Yahoo NewsAnalysts project massive revenue growth, with Morgan Stanley estimating revenue could reach $319 billion by 2030 and $3.3 trillion by 2040, supporting a bull-case price target of $600.
Yahoo NewsThe consensus price target among analysts is $236.16, with 27 out of 28 analysts recommending a buy and projecting +93.60% upside potential from current levels.
benzinga.comin.investing.comAI-generated briefing. AI can make mistakes. This is not financial advice.
SpaceX shares recently dipped below their IPO price for the first time, signaling that the blockbuster rally may be unravelling and raising concerns about valuation sustainability.
ReutersQuestions persist regarding the company's profitability, execution risks, and high valuation despite the market debut, which could lead to further pullbacks in the near term.
Yahoo NewsSome analysts, including a Motley Fool contributor, predict the stock could trade down near $100 by the end of 2026 as the post-IPO hype cools and share supply increases.
fool.comAI-generated briefing. AI can make mistakes. This is not financial advice.