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SPCX Stock Has Fallen 13% From IPO Price — HSBC Remains Cautious On SpaceX's Moonshot Plans
in5points
SPCX stock has fallen 13% from its initial public offering (IPO) price.
HSBC analysts initiated coverage of SpaceX with a 'Hold' rating and a price target of $115.
HSBC remains cautious on SpaceX's Moonshot plans.
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Rajeev Chandrasekhar / Jupiter Capital interests historically