Story preview
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
13
in the last 3 days
First reported
44 hr. ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
SpaceX (SPCX) shares approached the $150 mark during intraday trading on August 12, Eastern Time. Just recently, the stock had dipped to a period low of $104.83 in early August; as of the close on August 12, it has rebounded by approximately 35%.
Space Exploration Technologies Corp. (NASDAQ:SPCX) is not an easy company to value. It started as a rocket company, built a satellite-internet business that now reaches millions of customers, and is increasingly moving into artificial intelligence. Investors are now being asked to put a value on all three. That value…
Elon Musk's space transportation company is loaded with potential, but its sky-high valuation leaves little room for upside in the near term.