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SoFi Technologies (SOFI) Stock Could Be 28% Overvalued After Its SpaceX IPO Access Win

SoFi Technologies (SOFI) Stock Could Be 28% Overvalued After Its SpaceX IPO Access Win

SoFi Technologies (SOFI) is back in focus after being named one of only five brokerages giving retail investors access to the SpaceX IPO, a high profile deal that spotlights its investing platform.

See our latest analysis for SoFi Technologies.

The recent SpaceX IPO allocation arrives during a sharp rebound in SoFi Technologies’ stock, with a 14.44% 1 month share price return and 116.30% 3 year total shareholder return, even after a year to date decline of 34.78%.

If high profile deals like SpaceX have you thinking about where else growth and risk are converging, it could be worth scanning 19 cryptocurrency and blockchain stocks as a starting list of ideas.

With SoFi Technologies trading at $17.91 against an average analyst price…

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