SpaceX Stock Drops Despite Bullish Ratings Targeting 47% Upside
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- SpaceX stock dropped despite a flood of bullish Wall Street ratings, with Bloomberg reporting some targets eyeing 47% upside
- Wall Street banks are "sky-high" on SpaceX while investors remain cautious, per Courthouse News, highlighting a disconnect between analyst sentiment and market reaction
Why it matters: Analyst targets implying 47% upside collided with an actual share-price drop, a divergence that matters for the private-market funds marking SpaceX positions and for retail buyers weighing whether bullish ratings translate into real demand at current levels.
