SpaceX Is Down 30% From Its Peak. These 3 Stocks Let You Play the Same Themes.
SpaceX is not the only space stock out there right now.
Overview
Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, was one of the most hotly anticipated IPOs of the year. But while the stock got off to a strong start, it is now trading about 30% off its highs and faces numerous future stock lock-up expirations that will release more shares into the market. Meanwhile, the company's $2 trillion valuation is based on potential future endeavors that are largely unproven, such as launching data centers in space.
Let's look at three stocks that play on the same themes that could be better buys.
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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.