#BinanceWithdrawalScamWarning SpaceX (SPCX) Latest Analysis
Price snapshot: $SPCX.US
SpaceX listed on Nasdaq at a $135 IPO price, opened at $150 and hit about $170 on debut.
It later traded as high as roughly $225 (the 52-week high) and about $185 in mid-June, with a market cap near $2.4T at that level.
It has since fallen. It dipped below the IPO price in July and was about $147.58 as of Oct 23.
Positives: $SPCX.US
Q2 was its first report as a public company, and it beat estimates. Sources disagree on the revenue growth figure (92% vs 161% year over year), so check the filing.
Business lines are widening beyond launches and Starlink into AI products.
NASA picked SpaceX for the StarBurst satellite mission, and the Space Force awarded it $1.6B in contracts. $SPCX.US
Analysts are mostly bullish: consensus targets are in the $230s to $240s, and one tracker showed about 74% Buy ratings #TradingCommunity #TrumpNFT #BTC☀ #BTC🔥🔥🔥🔥🔥