Analyst Sees 400% Upside for SPCX Stock Price as SpaceX Eyes 100K Starlink Satellites Launch
The post Analyst Sees 400% Upside for SPCX Stock Price as SpaceX Eyes 100K Starlink Satellites Launch appeared on BitcoinEthereumNews.com. The SpaceX (SPCX) stock price has wiped off some of its recent losses and added more than 1% today amid a flurry of updates on Elon Musk’s firm. Notably, a flurry of market pundits have provided a bullish outlook for the space technology and AI firm, with the latest outlook hinting at more than 400% upside. In addition, it also comes in tandem with the continuing bets from Cathie Wood’s Ark Invest, which appears to have further bolstered market confidence. Besides, recent reports also showed that Elon Musk’s SpaceX is aiming to launch 100,000 Gen3 Starlink satellites. Analyst Predicts 440% Rally in SPCX Stock Price The SpaceX (SPCX) stock price has recorded a surge of around 1.1% and traded near the brief $150 mark on Thursday. Notably, it seems that regaining investors’ confidence comes as Raymond James initiated coverage of SpaceX stock with a “St