IPO quiet period ends soon, SpaceX research report wave to impact market pricing

Odaily reported that since SpaceX's record-breaking IPO last month, investors have largely been in a "blind men and the elephant" state, lacking sufficient financial forecast data to determine the fair value of the company's stock. This situation will change next week. At that time, the quiet period will end for analysts at banks that underwrote SpaceX's $86 billion IPO.

The IPO was led by Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, with 18 other banks participating. Starting next Tuesday, investors will be flooded with a wave of new research reports, target price predictions, and growth forecasts. This information will help reveal the trajectory of SpaceX's stock price in the short term and over the next few years. "Everyone is talking about what this company could become in 2030, not what it can do in the next 12 months," said Art Hogan, Chief Market Strategist at B. Riley Wealth. "This is an investment with an eye on a better future, but it still requires attention over the next four years." (Jin Shi)