Smurfbee
06-23

It was selling fantasy and technically setup to grab cash from every possible ways to benefit 1 person the most. What deal was made to allow listing rules to be modified and index inclusion to be revised to pump up a net loss company? clearly worth at most 300B for selling hope. Data center in space?? Technically it's barely viable let alone realistic when you just look at heat dissipation alone and also maintenance. Creative ideas but mostly fantasy and I'd say borderline stupid for anyone to put money into such a company. TP is USD25 at best.

SpaceX Retreats 30% From Peak! Wall Street's $227 Target?
SpaceX fell another 7.8% today, extending a roughly 30% pullback from its $225 high since debuting on Nasdaq at $135 on June 12. Despite persistent losses, ongoing AI unit cash burn, and phased lockup expirations beginning late August, most institutions remain bullish — FactSet's consensus from 10 analysts pegs the average target at $227, Oppenheimer rates it Outperform, and its Nasdaq-100 inclusion on July 7 is expected to attract passive inflows. Morningstar's DCF model, however, values the stock at just $63. After a near-50% drawdown, do you buy the dip or wait for lockup expiry?
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