🚨 SpaceX Kept at SELL — $75 Target

Phillip Securities reiterated its SELL rating on $SPCX with a $75 price target.

📈 Q2 revenue surged 92% YoY to $7.8B
🤖 AI revenue jumped 247%
🛰️ Starlink subscribers doubled to 12M
💰 SpaceX ended Q2 with $100B in cash & securities

⚠️ Analysts remain cautious about heavy capex, AI customer concentration and temporary cloud contracts.