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SpaceX Faces 93% Downside as Galloway Slams Valuation Ahead of Unlock

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • NYU professor Scott Galloway warns SpaceX is wildly overvalued, projecting a drop to $10–$30.
  • He cites an artificially tight float, forced index buying, and an upcoming 319 million-share unlock on August 20 as primary drivers of potential 93% downside.
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TSLA price history

358.97 -14.41% over the displayed period

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