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Benzinga
Benzinga
Business
Badar Shaikh

Gary Black Says SpaceX's Volatility Proves He Was ‘Correctly Cautious’ on SPCX Stock

Paris,,France,-,February,3,,2026:,A,Horizontal,Smartphone,Lies

Investor Gary Black of The Future Fund LLC reiterated his cautious stance on Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) stock, arguing its valuation remains difficult to justify despite enthusiasm from Musk supporters.

Gary Black Says He Has Been Cautious on SPCX

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