đ $SPCX â SpaceX Is Back in the Spotlight
SpaceX shares jumped 7.6% on Monday, closing at $171.09, and pre-market trading today is around $173.
So what's driving the excitement?
đč Morgan Stanley reiterated an Overweight rating and $300 price target, calling SpaceX an attractive way to participate in the growing âSpace and Intelligence Economy.â
đč SpaceX also has another SDA satellite mission scheduled after Monday's launch attempt was scrubbed. The mission involves 21 Northrop Grumman satellites.
đč Investors are also watching the upcoming Starship Flight 15, expected later this month.
But here's the interesting part:
SpaceX isn't just a rocket company anymore.
đ Starlink
đ°ïž Satellite infrastructure
đ€ AI infrastructure
đ Starship
đ Potential advanced semiconductor/compute projects
The opportunity is enormous â but so is the valuation risk after such a rapid rally.
$SPCX at $173: still early in the SpaceX growth story, or already too expensive? đ
#SPCX #SpaceX
#ElonMusk #Starlink #Stocks #Investing #BinanceSquare
SpaceX shares jumped 7.6% on Monday, closing at $171.09, and pre-market trading today is around $173.
So what's driving the excitement?
đč Morgan Stanley reiterated an Overweight rating and $300 price target, calling SpaceX an attractive way to participate in the growing âSpace and Intelligence Economy.â
đč SpaceX also has another SDA satellite mission scheduled after Monday's launch attempt was scrubbed. The mission involves 21 Northrop Grumman satellites.
đč Investors are also watching the upcoming Starship Flight 15, expected later this month.
But here's the interesting part:
SpaceX isn't just a rocket company anymore.
đ Starlink
đ°ïž Satellite infrastructure
đ€ AI infrastructure
đ Starship
đ Potential advanced semiconductor/compute projects
The opportunity is enormous â but so is the valuation risk after such a rapid rally.
$SPCX at $173: still early in the SpaceX growth story, or already too expensive? đ
#SPCX #SpaceX
#ElonMusk #Starlink #Stocks #Investing #BinanceSquare