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Scott Galloway Predicts Significant Price Drop for SpaceX Shares Following Market Valuation Skepticism

Scott Galloway, a marketing professor at New York University, argues that SpaceX shares are currently overvalued and could fall by as much as 80% from current levels. While the stock currently trades around $148, Galloway estimates the fair value to be between $10 and $30 per share. This assessment contrasts with the broader market sentiment, where 25 of 34 analysts currently recommend a "Buy" rating for the stock. The average analyst price target is approximately $222 to $228, suggesting a significant upside potential. SpaceX recently listed on the Nasdaq in June 2026, raising over $75 billion in its initial public offering. The company has reported significant revenue growth, with second-quarter revenue up 92% year-over-year. However, it continues to experience net losses, reporting a net loss of $4.9 billion in 2025. Investors face upcoming volatility as more than a billion early investor shares are set to be unlocked in September and October. These unlocks will significantly increase the tradable supply of shares, which could exert downward pressure on the price.

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