SpaceX Lock-Up Rally Shows Investors Got The Selloff Wrong - Forbes — SkimNews
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- Forbes frames a SpaceX lock-up rally as evidence that investors who sold off the stock misjudged the trade
- Yahoo Finance and The Economist counter that some investors still expect SpaceX shares to slide to $100 — implying zero value for its AI business — and harbor fresh doubts about Elon Musk's grandiose ambitions
- SpaceX shares are nearing their IPO price again, per a truncated headline in the coverage set
Why it matters: The lock-up rally is being read as a vindication for SpaceX holders who resisted the recent selloff, but the $100 bear-case target — which prices in zero AI business value — shows the market is still deeply split on whether Musk's pivot to AI infrastructure is real or hype. That split, not the rally itself, is what will determine where the stock settles once insider shares unlock.
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