SpaceX still looks really overvalued: AlphaSpace stat of the afternoon
SpaceX (SPCX) stock still looks pricey after its post-IPO swoon, which could make analyzing its first earnings report later today that much tougher. AlphaSpace stat of the afternoon: 105.9 SpaceX stock trades on a forward enterprise value/EBITDA ratio of 105.9 times, per Yahoo Finance AlphaSpace data. The outsized ratio reflects Wall Street optimism that SpaceX…
