Roughly seven weeks ago, on June 12, Elon Musk’s trillion-dollar artificial intelligence (AI) and space economy goliath, Space Exploration Technologies (SpaceX) (NASDAQ: SPCX), etched its name in Wall Street lore. The $85.7 billion raised from its initial public offering (IPO) nearly tripled the previous recordholder.

When SpaceX went public, it had an astonishing 21 underwriters, with Goldman Sachs leading the way. Given that underwriters typically purchase shares of the companies they bring public, it’s common for these financial institutions to bestow buy ratings and lofty price targets on these businesses.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal…