This article was written by Doug Nathman, with research by his team at Trefis.
SpaceX President Gwynne Shotwell pledged SpaceX stock to more than two million children through Trump Accounts after President Donald Trump floated the idea, while Elon Musk has yet to respond.
SpaceX President Gwynne Shotwell said she would donate stock to the Trump Accounts program. Last week, President Donald Trump told CNBC that he thought SpaceX CEO Elon Musk would donate his company's stock to the program.
U.S. Politicans wasted little time when it comes to investing in SpaceX (NASDAQ: SPCX) stock and, as it turned out by early July, it also did not take them long to begin losing money on their investments.
Gwynne Shotwell is donating SpaceX stock to Trump Accounts for 2 million US children. The donation comes days after President Trump said he thought Elon Musk would donate stock despite a falling-out.
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SpaceX initially soared after its IPO, but has since cooled off. AI is SpaceX's primary growth driver, but that catalyst will take years to play out.
SpaceX (SPCX) faces two major catalysts this week: IPO quiet period expiration and Nasdaq 100 inclusion, with options markets signaling strong bullish sentiment. Options activity on SPCX is concentrated at $180 and $190 calls, implying traders expect an 11–17% upside; downside bets are notably light.
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SpaceX (NASDAQ: SPCX) stock could finish July 2026 at approximately $175 per share, according to a forecast generated by ChatGPT.
SpaceX looks poised to grow rapidly, but forecasts for its trajectory vary widely. Most prognosticators are not as optimistic as Musk.
Wedbush analyst Sam Brandeis issued a note on June 30 in which he positioned SpaceX (NASDAQ: SPCX) stock as ‘Outperform' – ‘Buy' – and forecasted the equity's price would rise to $190 in the next 12 months for an 11.20% rally from the latest $170.86 close.