Analyst Galloway Forecasts SpaceX Stock at $10–$30, Well Below Current $148 Price
Source Summary
Scott Galloway has issued a bearish valuation forecast for SpaceX, estimating the company's stock is worth between $10 and $30 per share, significantly below its current trading price of $148. Galloway's assessment cites mounting losses and a debt-laden investment in artificial intelligence as key concerns.
Why it matters
The forecast highlights a significant gap between analyst valuation and current market price, raising questions about SpaceX's financial sustainability and the viability of its AI strategy.
