Key Points Bullish forecasts predict SpaceX will trade at $300 a share, roughly double today's price. The company is already overvalued by traditional valuation metrics. 10 stocks we like better than Space Exploration Technologies › Perhaps few stocks can divide a room faster than Space Exploration Technologies (NASDAQ: SPCX) . Many investors love the stock; many absolutely don't. Either way, most eyes have been on the space stock since its blockbuster IPO in June, which raised a record $75 billion and valued SpaceX at about $1.8 trillion. Following its explosive debut, SpaceX shot up to an all-time closing high of roughly $211. Today it trades at around $152, roughly 28% lower.
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