SpaceX Stock Could Be Just 4% Higher in 1 Year, History Suggests

SpaceX (SPCX) has fallen below its $150 IPO opening price just over a month after going public, with shares down 26% from their post-IPO high. Historical data on large IPOs with market caps above $10 billion shows average gains of just 3.5% after one year, suggesting SpaceX shares could be around $156 in 11 months.

Why it matters: Wall Street analysts have set wide price targets ranging from $300 to $800, but the article cautions that SpaceX remains unprofitable and is making large bets on Starship rocket technology and orbital AI data centers.