Bulls vs. Bears on SpaceX -- WSJ
Dow Jones2026/10/20 20:00By Heather Gillers
Bull case
Jay Hatfield, CEO at Infrastructure Capital Advisors, a SpaceX investor
"They have by far the best rocket technology. They have the leading satellite communications company, Starlink. Then they have a cloud service provider that is well-positioned. And they are investment grade-they have a big advantage over the other neocloud providers (on debt costs)."
Bear case
Keith Snyder, CFRA Research analyst
"It almost feels like they're a kid in a candy store who just got his first allowance. It's like 'are you spending your dollars wisely?' And last earnings they reported really strong numbers but people got upset about that cap-ex number and that drove the stock down."
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 20, 2026 16:00 ET (20:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Palo Alto Networks Acquires AI Security Company Clutch for $500 Million
Asia Market Recap November 6: Seoul Halts Trading, Nikkei Suffers and Bitcoin Slips
Block time shortened to 1 second, Immutable Chain plans to migrate to OP Stack by mid-2027
Crypto prices
More
