Why 1 Analyst Thinks SpaceX Stock Can Gain More Than 60% Following Its Historic

There has perhaps been no more oft-discussed stock in the market in the past month than SpaceX (SPCX). Shares of the space exploration and artificial intelligence (AI) company absolutely skyrocketed out of the gate in June. However, after a few days of significant selling pressure, SPCX stock is now down about 32% from its all-time high set last week following a tremendous opening day for the hottest initial public offering (IPO) in a long time.

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Oppenheimer analyst Tim Horan just put forward a new price target of $250 per share on SpaceX stock, which would imply a valuation of around $3.3 trillion. That'

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/why-1-analyst-thinks-spacex-185536558.html)