What Will SpaceX's Share Price Be by the End of 2027? Here's My History-Driven Prediction.
Yahoo Finance ·
Two weeks ago, Elon Musk's Space Exploration Technologies (SpaceX) ( SPCX 1.00% ) cemented its name in the record books. Including the overallotment option exercised by underwriters, SpaceX raised $85.7 billion from its initial public offering (IPO) , nearly tripling the $29.4 billion raised by overseas oil titan Saudi Aramco in December 2019. But investing on Wall Street isn't about where a stock has been -- it's about where it'll head next . Although historical precedent can't guarantee what's to come, history does tend to rhyme. Using history as a guide, here's my prediction for SpaceX's share price by the end of 2027. Arguably, the leading catalyst for SpaceX is retail investor euphoria, which is incredibly difficult to quantify. Retail investors have flocked to this record-breaking IPO for a variety of reasons: SpaceX is at the forefront of two of the largest addressable opportunities, artificial intelligence (AI) and the space economy. CEO Elon Musk has a track record for generating outsize investment returns at Tesla . SpaceX's sales growth should be parabolic over the next few years. To be clear, this means only the S&P 500 will exclude SpaceX shortly after its IPO. FTSE Russell adds eligible megacap IPOs after the close of the 5th trading day. Nasdaq adds them about 15 trading days after listing. The S&P 500 kept its rules, so SpaceX waits the full... Additionally, the company should receive an early boost from recently amended index inclusion rules. Prior to SpaceX's debut, Nasdaq Global Indexes reshaped the criteria for Nasdaq-100 inclusion. The low float requirement was shelved, and the time to inclusion for megacap companies was slashed from around three months to just 15 trading sessions.
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