SpaceX shares dip below IPO price as CZ calls it a long-term winner

Community Trust Score Verified 80 % Real Verified 40 votes Updated 5 minutes ago SpaceX shares (SPCX) closed at $134.72 on Friday, falling just below their $135 listing price from June. Binance founder Changpeng Zhao (CZ) responded to the price action on Saturday, stating that the company will be one of the best stocks to hold for years. The slight dip leaves investors who purchased at the initial listing price marginally underwater. Despite the current price level, Wall Street analysts maintain a bullish outlook, projecting 86% upside potential from Friday’s close.

Source: The Currency Analytics