Space Exploration Technologies (NASDAQ: SPCX) — or SpaceX — stock fell more than 10% in early trading Wednesday (5 August), following the company's first quarterly earnings report. The results come as a SpaceX rocket part has just crashed on the moon. I asked ChatGPT to dig them out for me, though this was just a bit of fun and do be sure not to rely on AI bots for investing decisions…The results look good! Brighter hopesAt the other end of the scale, financial services firm Raymond James has a sky-high $800 target on SpaceX stock — more than three times the highest it's been so far. I side with those who think SpaceX looks overvalued at the moment, but I might be wrong and the bulls might be right.