Rate Of ReturnI predict SpaceX (SPCX) will close at US$130.60 on Wednesday after earnings.
The stock has already fallen more than 50% from its peak, and I believe much of the pessimism is already reflected in the price. If SpaceX delivers solid revenue growth, healthy margins, and gives investors confidence in its launch cadence and Starlink business, I expect a strong relief rally. While the IPO lock-up expiry may create some volatility later, I think the earnings reaction will dominate the first trading day. My target is US$130.60.
🚀 Earnings Season Challenge #3: SpaceX Reports Tuesday — Beat or Miss?
$SpaceX(SPCX.US) posts its first-ever quarterly results as a listed company after the US close on Tuesday, 4 August. Two days later, on Thursday, 6 August, its IPO lock-up expires. For a stock that ha...
Where does SPCX close on Wed, 5 August?
Single Choice
- Down more than 10%20%
- Down 3% to 10%34%
- Between −3% and +3%15%
- Up 3% to 10%18%
- Up more than 10%11%
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