SpaceX Receives First Wall Street Sell Rating Hours After IPO Debut

Elon Musk’s SpaceX (NASDAQ: SPCX) received its first sell rating from CFRA analyst Keith Snyder just over an hour after the company's historic IPO debut. The $75 billion offering made it the largest in history, with a market cap of approximately $2.1 trillion on opening day.

By Sean Williams, The Motley Fool Tue, June 16, 2026 at 12:26 PM GMT+3 4 min read · Yahoo Finance · June 16, 2026, 09:26 UTC

SpaceX Receives First Wall Street Sell Rating Hours After IPO Debut

Tickers: $AVGO $INTC $NVDA $SPCX $TSLA

Topics: CFRA analyst report IPO SpaceX Wall Street ratings

Read the full article at Yahoo Finance

More World news

Allstate Announces Quarterly Dividend of $1.08 Per Share Seeking Alpha · November 12, 2026, 18:01 UTC
Pinnacle Bankshares Increases Quarterly Dividend to $0.35 Per Share Seeking Alpha · November 12, 2026, 18:02 UTC
Avidbank Reports Third Quarter 2026 Earnings Growth Driven by Core Deposits and C&I Lending Motley Fool · November 12, 2026, 18:00 UTC
Equinor Raises Production Guidance and Establishes Share Buyback Framework Motley Fool · November 12, 2026, 18:00 UTC
Flex Announces Strategic Spin-off of Cloud and Power Infrastructure Segment into Axiom Motley Fool · November 12, 2026, 18:00 UTC
Extreme Networks Raises Fiscal 2027 Revenue Guidance Amid Strong SaaS Growth and Large Enterprise Bookings Motley Fool · November 12, 2026, 18:00 UTC
Federal Reserve to Designate October 2027 Meeting as Nonvoting Strategic Session CNBC · November 12, 2026, 17:48 UTC
Pelagos Insurance Capital Reports Mixed Q3 2026 Results with Revenue Beat and EPS Miss Seeking Alpha · November 12, 2026, 18:01 UTC
Aline Accounting Partners Secures $206 Million in Financing Led by Square Nine Capital PR Newswire · November 12, 2026, 18:00 UTC
Egan-Jones November 2026 Report Shows Soft CLO Issuance Amid Improving Credit Metrics PR Newswire · November 12, 2026, 18:00 UTC