SpaceX's (SPCX) valuation has been in the spotlight ever since its historic June 12th initial public offering (IPO) that tagged a market cap of nearly $2 trillion on the space infrastructure and AI titan. And while many believe the company is trading at a stretched multiple, Brian Gesuale, a Raymond James analyst, issued a contrarian call on SPCX today, saying it's actually “undervalued” at current levels.
Shares of SpaceX (NASDAQ:SPCX) are down 6% to $151 and change in midday trading Tuesday, an unusual response given the flood of bullish analyst initiations that hit the tape today and the company's
As Space Exploration Technologies Corp. (NASDAQ:SPCX) shares traded in consolidation over the past two weeks, more than a dozen Wall Street analysts initiated coverage of SpaceX stock on July 7, 2027.
Wall Street is using colorful language as analysts cheer major upside potential for SpaceX's stock.
SPCX is pushing deeper into AI with SpaceXAI, orbital compute plans and Anysphere deal, but heavy investment and Starship risks remain.
SpaceX's stock picked up 14 new buy ratings on Tuesday.
Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) is raising about A$11.12 million before costs through a two-tranche placement, strengthening its balance sheet as...
Investors seeking exposure to SpaceX (NASDAQ: SPCX) have new opportunities ahead of the company's addition to the Nasdaq-100 on July 7.
The two lead underwriters on SpaceX's initial public offering, Goldman Sachs and Morgan Stanley, have a valuation gap of more than $1 trillion as they both initiated coverage at buy.
xAI has officially been rebranded to SpaceXAI. The change follows SpaceX's historic IPO and acquisition of xAI earlier this year.
Shares of Space Exploration Technologies Corp (NASDAQ:SPCX), doing business as SpaceX, were last seen down 0.5% at $161.13.
Space Exploration Technologies (NASDAQ:SPCX) is the blue-chip stock to bet on the future of the space economy.