Space Exploration Technologies

Why is Space Exploration Technologies stock gaining today?

Bank of America doubles down on SpaceX after earnings

SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers but remained mostly skeptical of its ab…

SpaceX: Love the Company, But the Stock Is a Harder Call

SpaceX posted strong quarterly revenue growth, but cash burn, a rich valuation, upcoming insider lockup expirations, and S&P 500 exclusion pose risks that could outweigh near-term upside for SPCX stock.