Barron's Calls SpaceX Valuation 'Catastrophic'
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- Barron's labeled SpaceX's valuation 'catastrophic,' even as a separate Barron's analyst issued a buy rating with a $190 price target citing Starlink and AI growth.
- Bloomberg declared 'the end of SpaceX's FOMO trade' and said it 'exposes a deeper problem,' while CNN reported the stock had ignited a trading frenzy.
Why it matters: Two opposing Barron's verdicts — 'catastrophic' valuation versus a $190 buy target — illustrate that Wall Street cannot agree on SpaceX's worth after its private-share frenzy, with Bloomberg signaling the speculative momentum may be reversing.
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