CFRA initiates coverage on SpaceX with sell rating

0 min read     Updated on 12 Jun 2026, 10:12 PM
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Radhika SScanX News Team
AI Summary

CFRA analyst Keith Snyder initiates coverage on SpaceX with a sell rating and a price target of $115, signaling a bearish outlook on the stock.

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CFRA analyst Keith Snyder has initiated coverage on SpaceX (NASDAQ:SPCX) with a sell rating and announced a price target of $115. The rating indicates a bearish outlook on the stock's performance.

Analyst Rating

The sell rating suggests that CFRA expects SpaceX's shares to underperform relative to the broader market. The price target of $115 provides a specific downside expectation for investors.

Metric Value
Rating Sell
Price Target $115
Analyst Keith Snyder

SpaceX, listed on NASDAQ under the ticker SPCX, is now covered by CFRA with this new rating.

What specific factors led CFRA to assign a sell rating to SpaceX?

How might SpaceX's upcoming projects influence its stock performance against this bearish outlook?

What are the potential risks for SpaceX if it fails to meet the $115 price target?

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SpaceX options to begin trading on Tuesday after IPO

0 min read     Updated on 12 Jun 2026, 10:09 PM
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Reviewed by
Riya DScanX News Team
AI Summary

SpaceX options are scheduled to begin trading on Tuesday following the company's initial public offering (IPO), as reported by Bloomberg News. This move offers investors new opportunities for liquidity and hedging.

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SpaceX options are set to begin trading on Tuesday following the company's initial public offering (IPO), according to a report by Bloomberg News. The development marks a new phase for the aerospace manufacturer and space transportation services company, allowing investors to trade options on its stock.

The commencement of options trading provides additional liquidity and hedging opportunities for market participants following the IPO. This step typically occurs after the underlying stock has established sufficient trading volume and stability.

Trading Details

The specific options contracts available, including strike prices and expiration dates, were not detailed in the report. However, the initiation of options trading is a standard progression for newly public companies.

How will the introduction of options trading impact SpaceX's stock volatility in the short term?

What strike prices and expiration dates are likely to be most popular among investors?

Will the availability of options attract institutional investors who were previously hesitant to enter the market?

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