One Month After Listing, SpaceX — Advisors Urge "Cautious Investing"

GE -2.69% RTX -1.90% BA +0.43% HON +1.30% ARKW +0.13%

1. 1Investment advisors have advised against rushing to buy shares as SpaceX (SPCX) marks one month since its listing.
2. 2After pricing at $135 and climbing to $226, the stock has since plunged to $127, below the IPO price.
3. 3Its S-1 filing revealed a net loss of more than $4 billion in the first quarter due to losses in the xAI segment, with Starlink the only division to post a profit.

Source Wealth Management +6 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →