SpaceX Why did the stock price fall after the successful launch of the starship?
2026-09-29 02:00:54
According to CoinMeta, recently, the spacecraft of SpaceX successfully completed its most important mission, yet its stock price fell after launch. Although the spacecraft successfully entered orbit and returned safely, the market faced selling pressure due to the unlocking of 328 million shares at the end of the lock-up period on IPO. In addition, SpaceX's president, Gwynne Shotwell, also sold $52.5 million worth of shares during this period. Analysts have divergent opinions regarding the future of SpaceX; MoffettNathanson has given a neutral rating with a target price of $142, while the average target price is $222.42.
Bullish 0
Bearish 0
Source:BeInCrypto
This content is for market information only and does not constitute investment advice.