Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Where Will SpaceX Stock Be in 5 Years?

TheMotleyFool

0 0

Where Will SpaceX Stock Be in 5 Years?: https://g.foolcdn.com/editorial/images/878236/spcx.png

SpaceX (NASDAQ: SPCX) has been public for less than a month, and the stock has already made a round trip, surging after its June IPO before sliding about 34% from its high to a recent price near $148. That leaves the company valued at close to $2 trillion.

For a business still losing money, that is an extraordinary price. So the interesting question isn't what the stock does next week. It's where it could reasonably sit in five years, and what would have to happen for today's buyers to be rewarded.

Let's take a look.

Source Fool.com

Like: 0

SPCX

Share