Cybersecurity

SpaceX IPO banks yell 'buy' as stock craters

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Wall Street analysts are maintaining "buy" ratings and setting high price targets for SpaceX despite the company's stock losing $1.1 trillion in market capitalization within five weeks. This continued bullishness, primarily from banks involved in the IPO, raises concerns about conflicts of interest and may mislead investors who rely on these recommendations.

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SpaceX IPO banks yell 'buy' as stock craters

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