✉news ScienceSpace first seen 19 h ago, last 18 h ago, peak #31
Jim Cramer Backs Goldman's SpaceX Price Target Increase
Original: Jim Cramer Says Goldman's SpaceX Price Target Hike Proves It Wasn't Guesswork
Goldman Sachs has raised its price target on SpaceX, and television commentator Jim Cramer says the move shows the bank's valuation was grounded in analysis rather than guesswork. The hike adds to investor attention on SpaceX's worth as the company remains privately held, with its valuation shaping sentiment around the broader commercial space sector.
Why now: Goldman's raised SpaceX price target and Cramer's endorsement are fueling debate about the company's soaring valuation.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1436706