Institution: SpaceX's long-term high growth is expected, but short-term risk and return balance

Golden Finance reports that on June 22, SpaceX (SPCX.US) traded down more than 4% in pre-market trading on Monday, expected to decline for the third consecutive trading day. During last Wednesday and Thursday's trading sessions, SpaceX's stock price had already fallen more than 8%. Despite this, by the close on Thursday, SpaceX's stock price was still 37% above the $135 IPO issue price, with a market capitalization of $2.4 trillion. KeyBanc Capital Markets gave the stock its first neutral rating and noted that although there are many high-growth paths in the long term, the risk-reward ratio in the short term seems relatively balanced.
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