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SpaceX priced its IPO at $135 on June 11 but before it started to trade, analysts trodded in front of cameras and financial journalists to tell us all how to play the trade. Here is a collection of calls specific enough to actually be graded as of 19 July 2026, after the stock closed at below $125.
Below are 12 calls precisely enough to grade, sorted hit-mixed-miss.
|**Analyst**|**Call**|**Outcome**|**Verdict**|
|:-|:-|:-|:-|
|Nick Colas (DataTrek)|Hinted $80–90 was the real entry, no explicit call, but flagged a 1999-style bubble top near $231|Stock peaked at $229.84|Hit|
|Blind Squirrel Macro|Called $135 their own "fanboy" ceiling, said wait for the Nov lock-up|$135 has already breached|Hit|
|Keith Fitz-Gerald|Predicted a 20–40% drawdown once retail hit the "sharkfest"|Drawdown hit >40%|Hit|
|Alex Kantrowitz (Big Technology)|Called the valuation wrong but expected a big pop anyway|Made you money if bought $135–150, sold at $230|Hit|
|Jim Cramer (CNBC)|Said $135 was fine if you could get it, but not worth chasing the open|Pullback call was right|Hit|
|Andy VandenBerg (VDB Wealth)|Cited Truist's 55% avg year-one drawdown, said a better entry was likely|Down \~42%, below issue|Hit|
|Stephen Davies (Javelin)|Called it hype next to Anthropic's real earnings, said wait|Still hasn't found a floor|Hit|
|Nicholas Owens (Morningstar)|Doubted an immediate re-rate, said a better entry comes later|No re-rate came, better entry already has|Hit|
|Brad Gerstner (Altimeter)|Expected a 10–20% pullback, staged his buying|Expected a 10–20% pullback, staged his buying|Mixed|
|Joel Shulman (ERShares)|Predicted a premium open|Right on the print, traded down massively since|Mixed|
|Gene Munster (Deepwater)|Expected a strong first week, "grind higher"|Did nothing but grind lower|Miss|
|Ray Wang (Constellation)|Said the dip holds above $125|Fell to $133|Miss|
I can share the source for all this in the comments.
In summary, there are 8 hits, 2 mixed, and 2 misses. Seems like there was a consensus that investors should wait in this initial state and get a better entry later. So far, they were proved right it seems.