Spacex (Spcx) Predictions
Browse Spacex (Spcx) market predictions and forecasts from well-known financial commentators. Each prediction is tracked from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[35:04] I think there's a chance that this IPO could uh could trade marginally higher than when it's priced. But because you know this has been such a well televised IPO for months and months and months um and it's such a big company at 1.75 trillion uh without any cash flows um and without you know any imminent um you know positive catalysts in in the very immediate term um I think it it very well could break higher.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
The prediction claimed the IPO would trade marginally to moderately higher than its IPO price of $135, and indeed the period high reached $225.64 on trading day 2 (June 16), which is 67% above the $135 IPO price — clearly trading higher than the IPO price. However, the prediction date price was already $160.95 (above the $135 IPO price), and the period high of $225.64 represents a 40% gain from the prediction date price, so the stock did trade significantly higher than the IPO price in the near term, satisfying the bullish claim about trading higher than the IPO price of $135.
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[14:12] usually as you get closer to that 180day period, you do see some of the initial euphoria sell off or in the case of IPOs like Figma, you see um you know this the shares sell actually even below um where they were issued.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.