SpaceX Price Predicted to Range Between $131 and $800. Where Will SPCX Land?
The post SpaceX Price Predicted to Range Between $131 and $800. Where Will SPCX Land? appeared on BitcoinEthereumNews.com. SpaceX’s price targets now span a massive range. Wall Street analysts set targets from $131 to $800 as the IPO quiet period ended. Nineteen analysts published new ratings once the quiet period lifted for 23 underwriting banks behind SpaceX’s IPO. The moves coincided with SpaceX’s inclusion in the Nasdaq-100 index on Tuesday, July 7. The median target sits at around $250, a 56% jump from Monday’s closing price. The High End of the Range Raymond James analyst Brian Gesuale set the Street-high target at $800. He compared SpaceX to railroads and the internet as foundational infrastructure. Citi’s John Godyn rated the stock a buy at $200. He called it a step toward a longer-term $900 target tied to Starship. Deutsche Bank’s Edison Yu and J.P. Morgan’s Doug Anmuth issued buy-equivalent ratings at $255 and $225. Morgan Stanley’s Adam Jonas set a $300 base case. His range