SpaceYahoo Finance1 day ago
New Street Sees 22% Upside for SpaceX at $165
1 min read
New Street Research initiated coverage of SpaceX (SPCX) with a $165 price target, implying 22% upside from the proposed IPO price and valuing the business at roughly $2.3 trillion after a potential Cursor acquisition. Analyst Pierre Ferragu used three valuation methods, including a sum-of-the-parts framework for Starlink and xAI.
Level
Hype check
Tap to vote and see what everyone thinks.
