Raymond James initiates SpaceX coverage with strong buy rating and $800 price target

nl.investing.com (Dutch)

SpaceX received the highest price target of $800 from Raymond James, which initiated coverage with a "Strong Buy" rating. Raymond James believes SpaceX is building the fundamental platform for next-generation industrial capacity, driven by space access and AI, with a total addressable market estimated at $30 trillion. The firm projects significant revenue and EBITDA growth for SpaceX by 2031, citing Starship's potential to drastically reduce launch costs and increase capacity.


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