Space Exploration Technologies Corp. is nearly back to its IPO price of $135/share after hitting a high of around $225 per share in recent weeks. However, the commercial space flight giant’s decline has not surprised investors. Gary Black Says SPCX...
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With investors increasingly questioning whether massive AI and infrastructure spending will generate adequate returns, Space Exploration Technologies Corp (NASDAQ:SPCX) has become one of the stocks caught in the broader valuation reset. SPCX has dropped below its $135 IPO price after a sharp rally to all-time highs of $225.64. With the stock trading at about $123, it […]
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