Prediction: 3 Reasons SpaceX Could Fall 50% Over the Next Year
There is a lot of potential downside in SpaceX stock.
Overview
When Space Exploration Technologies (NASDAQ: SPCX) debuted last month, it became the largest initial public offering (IPO) ever. However, after a blistering start, the stock has fallen back down to earth and now trades around its IPO price.
Let's look at three reasons I think the company (commonly called SpaceX) could lose half its value over the next year.
Images source: The White House.
Details
Source
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.