Investment veteran Jeremy Grantham says he assigns about a 90% probability that SpaceX’s stock will “crash,” describing the outcome as “utterly inconceivable” to accept otherwise. He links his view to concerns about the company’s valuation and to questions around the timing and risks associated with its planned space-related projects. Both outlets presenting the story frame Grantham’s remarks as a high-conviction prediction rather than a detailed change in SpaceX’s current operations. The reporting does not include specific numerical valuation metrics or new company disclosures tied to the prediction. Instead, it centers on Grantham’s assessment of downside risk for the stock, grounded in investor expectations and execution uncertainty around future programs. The accounts also do not provide corroborating forecasts from other analysts in the same articles. Overall, the coverage reflects Grantham’s stance that the stock’s implied expectations are vulnerable, which could lead to a sharp decline.