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Barchart
Barchart
Pathikrit Bose

Oppenheimer Initiates Coverage on SpaceX With an ‘Outperform’ Rating. How Spacex Stock Could Be a Literal Financial Rocket Ship.

SpaceX SPACE Oppenheimer Elon Musk Starlink IPO NASA Starship

The day is finally here. The day when Elon Musk's space company, SpaceX, makes its debut on the exchanges. The frenzy around the listing is seen to be believed. As the norm is with anything related to Musk, strong views abound across the spectrum. And they all sound convincing.

While the skeptics point out that the valuation is unreasonable and beyond the realms of reality for a company making losses, the optimists highlight how the company will be a vital player in a world of AI and for building data centers in space, among others. While the skeptics are crying foul over corporate governance issues, optimists are singing hymns about Musk's track record of creating enormous wealth for his shareholders.

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