Short-Sellers to Tread Carefully as Musk's SpaceX Debuts
Analysts warn a 56 times price-to-revenue multiple and a public float under 5% make shorting SpaceX's blockbuster IPO risky amid strong bullish demand.
9 Articles
9 Articles
Elon Musk's space company will be the first chapter in a year of superlatives for IPOs. OpenAI and Anthropic will soon follow. Some analysts don't care about the ratings.
Several analysts and fund managers consider Elon Musk's space company to be completely overrated, but they still believe that the stock will increase after the start of trading – up to a certain day.
SpaceX’s imminent outing of stock not only arouses enthusiasm among retail and institutional investors. It also reopens an old Wall Street dilemma: if it makes sense to bet short against an Elon Musk company when Tesla’s market, indexes, and recent history suggest that doing so can be very expensive. *** SpaceX will debut with a valuation of USD $1.75 billion and an estimated multiple price-benefit of 56. Analysts and short sellers see arguments…
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- 67% of the sources lean Right
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