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Wall Street is about to get SpaceX’s first-ever earnings report
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SpaceX captivated Wall Street earlier this summer with a blockbuster IPO that shattered records and racked up underwriting fees for the banks involved.
Since the high-flying IPO, SpaceX shares (SPCX) have had a turbulent journey.
Such long-term projects won’t be made or broken by this single quarter of earnings – even if its earnings report could include new details.
Wall Street analysts have an average target price of $228 on SpaceX, according to FactSet.
Also top of mind for Wall Street: how SpaceX’s announced acquisition of Cursor could boost its AI business.