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

Odaily Odaily Planet Daily News 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 for analysts from banks underwriting SpaceX's $86 billion IPO will end.

The IPO is led by Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, with 18 other banks also participating. Starting next Tuesday, investors will be greeted by a wave of new research reports, target stock price forecasts, and growth expectations. 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 might become in 2030, rather than what it can do in the next 12 months," said Art Hogan, Chief Market Strategist at B. Riley Wealth. He added: "This is an investment looking toward a better future, but it still requires attention over the next four years." (Jin Shi)