80 Days
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الاقتصادية
SpaceX listing may reverse stock decline
The article discusses the results of SpaceX after its initial public offering, highlighting significant challenges faced since then. The company has experienced a sharp decline in its stock price, dropping below its offering price and incurring market losses worth trillions. Despite maintaining a market capitalization of around $1.5 trillion and projections for high capital expenditures reaching $45.5 billion by 2026, the stock remains highly valued. Its valuation is remarkably high, trading at 448 times expected earnings and 26 times sales, exerting over 34% of short-selling pressure. Investors are awaiting the second-quarter results, which are expected to show a loss of 24 cents per share. Meanwhile, analysis focuses on the company's advances in artificial intelligence, the Starlink service, and rocket launch operations. Slightly optimistic analysts forecast the stock could rise to $800 within a year, but overall risks related to the high valuation and ongoing financial uncertainty remain significant.
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