Browsing: SpaceX

Space Exploration Technologies (NASDAQ: SPCX), commonly referred to as SpaceX, got an initial share price bounce when it IPO’d due to enthusiasm about what it might do over the years to come — such as building orbital data centers. It’s also an Elon Musk company, which draws a lot of interest. (Tesla has averaged annual…

Elon Musk has delivered massive multibagger gains for long-term Tesla shareholders, though the stock is down by more than 20% so far this year. The question for many is whether he can do the same for Space Exploration Technologies (NASDAQ: SPCX) shareholders. After making its debut earlier this summer, SpaceX has become a battleground stock,…