Iceman: "Only Musk believers"…SpaceX rebounds even as lockup expires
SPCX Space Exploration Technologies Corp
$133.29 -3.93%
View chart & analysis → - 1Steve Iceman said SpaceX (SPCX) is hard to value like a typical company because it is full of 'believers' in Musk
- 2Roughly 911.5 million shares came off lockup on August 6, yet the stock surged about 16% on Friday and reclaimed the $135 IPO price on Monday
- 3Iceman called the first-quarter results 'generously very mixed' and deemed the roughly $1.6 trillion market-cap multiple somewhat expensive
This 3-line summary is compiled from the report below.
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