67sixseven
06-23

Best thing to do for $SpaceX(SPCX)$  is nothing. The valuation is absurd, but never short Elon Musk. This is a overvalued stock that is most likely going to dip further, but at some point in the long term future Musk's vision will allow it to recover. But nobody knows and cannot time it. Best thing to do is to avoid the stock.

SpaceX Rebounds 2.6% but BofA Issues Cautious Target — Can You Trust Wall Street's Bull Chorus?
SpaceX (SPCX) rebounded 2.60% to $152, halting a steep decline — but the signals conflict. A wave of Wall Street "buy" ratings just emerged, yet Bank of America set a target markets are calling "alarming," fueling debate over what analysts see that retail doesn't. Two new ETFs have even explicitly excluded Musk-linked assets. With institutions shouting buy while flashing cautious targets, do you trust the bullish call on SpaceX — or stay wary of a high-volatility falling knife?
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