🚀 SpaceX ($SPCX) Hits $2 Trillion, but Wall Street is ALREADY Divided! 🐻 vs 🐂
The most hyped IPO in history just got its first major "Sell" rating.
After a massive opening day where shares jumped 19% to close at $160.95, CFRA analyst Keith Snyder dropped a bombshell. He initiated coverage with a $115 price target, warning that the stock is way too expensive.
CFRA claims the current $2 trillion valuation is built on pure hype. They point to heavy funding needs, Starship delays, and the massive risks of funding Starlink, AI data centers, and space tech before seeing real profits.
Right now, Wall Street is split down the middle with a "Hold" consensus (1 Buy, 1 Sell).
💬 What is your move?
Are you Buying the Dip because Elon Musk always delivers?
Or are you Staying Away because the valuation is out of this world?
Let’s talk in the comments! 👇
#SpaceX #SPCX #StockMarket #BinanceSquare #WallStreet
