What Happened
Analysts Struggle To Define Future Growth Potential
SpaceX’s stock has fallen, but its valuation remains complex, with some analysts projecting $10 trillion or more in the coming years. The company, valued at roughly $2 trillion, is not expected to generate free cash flow for a decade or more. This has led to a range of analyst target prices, with some struggling to define the company’s future growth potential. According to Barron’s, SpaceX’s ambition is unlike anything seen before, with Elon Musk’s goals for the company exceeding analyst expectations.