Argus Warns SpaceX Stock Faces Multiyear Market Re-Rating Shock

Valued at a market cap of roughly $2.25 trillion, SpaceX (SPCX) owns and operates self-landing rockets, a satellite internet network that reaches nearly every corner of the planet, as well as a fast-growing artificial intelligence business.

However, one of Wall Street's respected independent research firms believes the space-tech stock is grossly overvalued and poised for a massive pullback.