3 things that could derail SpaceX stock after its red-hot IPO
Răzvan Țupa
Less than a week after its historic debut, one analyst says the next move for SpaceX stock is likely down. Paul Meeks, a managing director and head of technology research at Freedom Capital Markets, said he was among the skeptics of SpaceX's recent IPO , which saw the stock soar amid major hype from retail investors. Shares of Elon Musk's rocket company, which were initially priced at $135, jumped as high as $218 this week, up 61%. But that level might mark the peak for a while, with warning
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