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Raymond James Reiterates $800 Price Target on SpaceX Starship Plans

Original: SpaceX’s Ambitious Starship Expansion Plans See Raymond James Reiterate $800 Price Target

Raymond James has reiterated an $800 price target, pointing to SpaceX's expansion plans for its Starship program. The note ties the valuation to expectations that Starship's development and growing launch capacity will drive future revenue for Elon Musk's space company. The price target keeps the firm among the more bullish Wall Street voices on SpaceX despite the company remaining privately held.

Why now: Investors are reacting to renewed analyst confidence in SpaceX's growth prospects driven by Starship expansion plans.

SpaceXRaymond JamesStarshipElon Musk

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