3 stocks you’ll wish you bought on SpaceX’s nightmare 2-week crash — 1 has 257% upside according to analysts Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
SpaceX’s (NASDAQ:SPCX) long-awaited IPO was not just another stock-market debut
It was one of the biggest wealth events Wall Street has ever seen. Shares of Elon Musk’s rocket-and-satellite company surged out of the gate, turning early investors into instant winners and making thousands of current and former employees millionaires on paper. Top Picks – – – The ultra-rich use these 6 real estate strategies to build wealth while they sleep — you can start with just $100 For a moment, the message seemed obvious: the future of space had arrived on the public market, and everyone wanted in.
Then gravity showed up. After its blockbuster debut, SpaceX shares began to tumble, turning one of the hottest IPO stories in years into a painful two-week slide. SpaceX closed at $153.23 on Friday, June 26 — down 32% from its all-time high of $225.64 reached on June 16.