NYU Stern professor and Prof G Markets host Scott Galloway told listeners this week that SpaceX (NASDAQ:SPCX | SPCX Price Prediction) shares are worth a fraction of where they trade today. On an episode released around Monday, Aug. 17 to 18, 2026, he said the stock is “still crazy overvalued. I think this is a $10 to $30 stock.” Measured against the Aug. 17 close of $146.23, that range implies roughly 79% to 93% downside. Shares then closed down 1.98% at $143.34 on Aug. 18.

The Unusual IPO That Set the Stage

SpaceX (NASDAQ:SPCX) price and key stats:

SpaceX priced at $135 per share on June 11, 2026 and began trading the next day on NASDAQ, implying a valuation of roughly $1.75 to $1.77…