finance
Raymond James Issues First SpaceX Rating at $800 Target
Raymond James began coverage of SpaceX with a Strong Buy rating and an $800 price target. The target implies a 440 percent gain from current levels.
Jul 9, 7:57 AM·1m read3 sources
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Raymond James started coverage of SpaceX with a Strong Buy rating and an $800 price target, implying 440 percent upside from current trading levels. The firm cited Starship development, Starlink operations, and SpaceX's potential role in global infrastructure as the main drivers behind the rating.
Skeptics have questioned the company's valuation ahead of any public financial disclosure. Investors are waiting for SpaceX's first public earnings report to provide clearer data on revenue and profitability.
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CorroborationModerate · 3 sources
