Should You Buy SpaceX Stock Before Aug. 4?

A little over a month ago, Space Exploration Technologies (NASDAQ: SPCX) completed the largest IPO in history. Initially, SpaceX stock surged, briefly touching an intraday high above $225 per share and eclipsing Amazon's market capitalization.However, over the last few weeks, SpaceX stock has witnessed significant pressure. As of the closing bell Thursday, shares were down by 48% from their post-IPO high, and off 21% from their opening price on the first day of trading. With SpaceX's first earnings report as a public company scheduled for Aug. 4, is now an opportunity to buy the dip?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool