SpaceX Stock Primed for Massive 122% Upside, JPMorgan Says
Shares of SpaceX (NASDAQ: SPCX ) fell almost 14% Wednesday as the company’s second-quarter financial results, which revealed higher-than-expected capital spending, undermined investor sentiment. One analyst is pleased with the rockets-to-AI firm’s updated post-IPO goals. The SpaceX Analyst JPMorgan’s Doug Anmuth reiter