A $3,000 Investment Made in SpaceX Stock Today Could Be Worth This Much by August 2027
There could be plenty of upside ahead for this tech megacap, but holding its shares requires the ability to handle risk and volatility.
Overview
After trading as high as $225.64 per share and as low as $104.83 in the few months since it went public, Space Exploration Technologies (NASDAQ: SPCX) is roughly back to its initial public offering (IPO) price of $135. SpaceX closed at exactly $135 on Aug. 24.
However, analysts still have a generally bullish outlook for where SpaceX stock could trade by August 2027.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.