Shares of Space Exploration Technologies Corp (NASDAQ:SPCX), doing business as SpaceX, were last seen down 0.5% at $161.13. Over its last few weeks as a publicly traded stock, SPCX opened at $150, hit a June 16 peak of $225.64, and tumbled to a June 23 low of $147.11.
The stock is becoming increasingly popular amongst options traders, landing on Schaeffer's Quantitative Analyst Rocky White's list of stocks sporting the most active options over the past two weeks. This marks our first coverage of SpaceX since it made its way onto the list, with the stock seeing over 5.4 million calls and more than 3.9 million puts exchanged during this time frame. The most activity during the past 10 days were at the weekly 6/26 150-strike put and weekly 6/26 160-strike call.
Analysts are split on SPCX, with five carrying a "strong buy" rating, five a "hold," and one "sell." Meanwhile, the 12-month consensus price target of $239.25 is a 48.1% premium to current levels.
