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 an elephant" situation, lacking sufficient financial forecast data to determine the fair value of the company's stock. This situation will change next week when the quiet period ends for analysts at banks underwriting SpaceX's $86 billion IPO.

The IPO is 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 forecasts, and growth expectations, which will help reveal SpaceX's stock price trajectory in the short term and over the coming years. "Everyone is talking about what this company could become by 2030, rather than what it can do in the next 12 months," said Art Hogan, chief market strategist at B. Riley Wealth. "This is an investment with a focus on a brighter future, but it still requires attention over the next four years." (Jinshi Data)