Institution: SpaceX has strong potential for long-term high growth, but short-term risk and return are balanced

Jinse Finance reported that on June 22, SpaceX (SPCX.US) once fell more than 4% in pre-market trading on Monday, marking its third consecutive day of declines. During last Wednesday and Thursday's trading sessions, SpaceX's share price had already accumulated a drop of over 8%. Nevertheless, as of Thursday's close, SpaceX's share price was still 37% higher than its IPO issue price of $135, with a market capitalization reaching $2.4 trillion. KeyBanc Capital Markets initiated coverage of the stock with a neutral rating, noting that while there are many high-growth paths in the long term, the short-term risk-reward ratio appears relatively balanced.