✉news ScienceSpace first seen 18 h ago, last 4 h ago, peak #3
JPMorgan Raises SpaceX Valuation on $254 Billion Revenue Forecast
Original: JPMorgan Lifts SpaceX Target to $500, Sees $254 Billion Revenue
JPMorgan has raised its target for SpaceX to $500 per share, projecting the company will generate $254 billion in revenue. The investment bank's upgraded outlook is one of the most bullish assessments of Elon Musk's space company, reflecting growing investor attention to its launch business and Starlink ambitions.
Why now: A major bank's sharply raised target and revenue projection for SpaceX is fresh, market-moving news for investors.
Evidence
- JPMorgan Lifts SpaceX Target to $500, Sees $254 Billion Revenue · Yahoo Finance
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