HTX News
06/23 14:20
On June 23, Susquehanna International Group initiated coverage on SpaceX (ticker SPCX) with a 'Neutral' rating and a target price of $170. The firm cited the company's strong growth prospects but noted that the current valuation is demanding. It is expected that the company's revenue will continue to grow rapidly before 2030, driven by its launch business, Starlink, and AI-related applications. However, analysts also advised investors to wait for a better entry point and highlighted potential risks, including delays in SpaceX Starship development, increased competition for Starlink, and uncertainties regarding AI-related revenue.
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