{"id":1676,"date":"2026-06-23T09:45:51","date_gmt":"2026-06-23T09:45:51","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=1676"},"modified":"2026-06-23T09:45:51","modified_gmt":"2026-06-23T09:45:51","slug":"analyst-predicts-just-1-chance-for-spacex-to-recover","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=1676","title":{"rendered":"Analyst Predicts Just 1 Chance for SpaceX to Recover"},"content":{"rendered":"
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SpaceX (NASDAQ: SPCX) stock price dropped by 16% on June 22, to close trading at $154, but Keybanc analysts have now revealed the one chance that these shares have to recover.<\/p>\n

SPCX stock is still up by 14% from the June 12 IPO price of $135, but the bond issuance that was announced on June 22 has raised fresh concerns about the company being overvalued.<\/p>\n

SpaceX Stock Price Crashes After First Bond Issuance<\/h2>\n

SpaceX is looking to raise more money from the bond market<\/a> nine days after raising $85 billion in a historic IPO, but this issuance seems to have spooked investors as the shares recorded their third straight day of losses.<\/p>\n

Issuing these bonds will add to SpaceX\u2019s current cash reserve of $100 billion. It will also avoid any dilution that would have happened if the company chose to issue more shares.<\/p>\n

However, the bond issuance seems to have increased the sell-side pressure around SPCX, and the price recorded its biggest single-day loss since the IPO that happened on July 12.<\/p>\n

The 16% drop in price seen on June 22 has seen SpaceX shed $400 billion in market cap within a day, and the net worth of CEO Elon Musk<\/a> has also dropped by $350 billion.<\/p>\n

Analyst Reveals One Reason Why SpaceX Could Recover<\/h2>\n

Wall Street analysts at Keybanc have revealed that Starlink is the one chance that SpaceX has to recover.<\/p>\n

Starlink accounted for 61% of the $18.7 billion in revenue recorded by SpaceX in 2025, and Keybanc now says<\/a> that if Starlink connectivity grows, it can limit the downside around the SPCX stock price.<\/p>\n

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\u201cAt sufficient scale, Connectivity alone is capable of supporting a meaningful portion of enterprise value\u2026 and allows the remaining segments (AI, Space) to be valued more,\u201d the analysts said.<\/p>\n<\/blockquote>\n

The analysts also note that the AI segment spearheaded by xAI could also drive the long-term gains for SPCX because of the $1.25 billion deal between SpaceX and Anthropic and another $920 million monthly deal with Google.<\/p>\n

These deals could increase the revenue coming from the AI sector to $50.6 billion by 2027, per the analysts.<\/p>\n

The upside being seen with Starlink and xAI could be the reason why Cathie Wood\u2019s ARK Invest scooped 210,121 SPCX shares<\/a> even as the stock dropped.<\/p>\n

SPCX Stock Technical Analysis After 16% Crash<\/h2>\n

The psychological support price for the SpaceX stock is at $150, which is the price that the stock started trading at on NASDAQ on June 15.<\/p>\n

A drop below this psychological support of $150 could push SPCX to the official IPO price of $135, especially if the selling pressure remains as strong as it is now.<\/p>\n

The ADX line that is rising suggests that the ongoing drop might continue, and SPCX might test this psychological support level of $150.<\/p>\n

However, the RSI reading of 20 suggests that sellers are near the point of exhaustion, and this might create space for buyers to come back and support a relief gain.<\/p>\n

\"SpaceX\"SpaceX
SPCX Price Chart (Source: TradingView)<\/figcaption><\/figure>\n

SpaceX stock could stall near $150 if the sell-side pressure eases, but if buyers also come back, it might rise to test the 23.6% Fib level of $167.<\/p>\n

There is also an obstacle at the 61.8% Fib level of $196 that might pave the way for a stronger recovery past the psychological resistance of $200.<\/p>\n<\/p><\/div>\n

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\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. SpaceX (NASDAQ: SPCX) stock price dropped by 16% on June 22, to close trading at $154, but Keybanc analysts have now revealed the one chance that …<\/p>\n","protected":false},"author":1,"featured_media":1677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1676"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/1677"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}