SPCX Sliding to $100? Luke Lloyd Bullish on Company, Not Current Prices
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SpaceX (SPCX) has been trading publicly for a month now, and shares have since fallen below the company's IPO price. Luke Lloyd expects downside pressure to continue toward $100. He says Starlink and other arms of SpaceX's businesses offer lots of potential, though he argues fundamentals don't support current momentum. Luke has his eyes on earnings to see how the Elon Musk-led firm is growing to support futuristic endeavors. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us
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