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SpaceX Under Fire from Analyst | Raleigh News
SpaceX’s stock just got a brutal “Sell” rating from German analyst Markus Leistner, who slashed the price target to $100 — way below current levels — citing unsustainable cash burn, especially on AI infrastructure, and a recent Q2 loss. Compounding the pressure, a flood of employee and early investor shares hit the market right after the call, pushing the stock below its IPO price. With more unlocks scheduled through 2026, supply could keep squeezing prices. While Wall Street remains bullish, Leistner questions whether SpaceX’s massive spending will ever translate into profits — and doubts…
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