Prediction: This Will Be SpaceX's Stock Price by the End of 2026
The stock has seen some weakness.
Overview
Space Exploration Technologies (NASDAQ: SPCX), more commonly called SpaceX, has taken investors on a roller-coaster ride during its first couple of weeks as a publicly traded company. This likely surprised nobody, since there was so much hype before the IPO on June 12. But what about the coming months? By the end of 2026, SpaceX's stock will have had time to stabilize, but I predict it won't be in a place that bulls love.
Image source: The Motley Fool.
When you have a company like SpaceX, which isn't producing any profits, isn't growing super-fast, and is mostly promising investors a share of a big future, how well the stock does relates directly to the market's risk appetite. This can change by the day, and currently, we're in a downturn for risk appetite.
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Source
Originally published at www.fool.com.