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International Business Times
International Business Times
Business

SpaceX's Next Test: Can Share Prices Survive The Upcoming Multi-Billion Share Unlock?

U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. (Credit: Brandon Bell/Getty Images)

KEY POINTS

  • The debate over SpaceX's valuation centers on ambitious growth projections, including its estimated addressable market and future AI-related opportunities.
  • Short sellers have reportedly gained billions as SpaceX shares fell from their post-IPO high, while Wall Street analysts remain overwhelmingly bullish on the stock.
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