Selena Maranjian declines to buy SpaceX shares due to high valuation and lack of understanding
SPCX Space Exploration Technologies Corp
$142.07 +5.81%
View chart & analysis → - 1Selena Maranjian stated that she will not buy SpaceX shares.
- 2As of October 22, SpaceX shares have risen 25% over the past three months.
- 3SpaceX's recent price-to-sales ratio is 58, which is higher than the S&P 500's 3.5.
So what's the key point?
Selena Maranjian said she will not buy SpaceX shares. This means the stock price is too expensive relative to earnings and the company is difficult to understand.
Source The Motley Fool +1 · View original ↗
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