$SPCX - SUSQUEHANNA SEES SPACEX UPSIDE, STAYS NEUTRAL Susquehanna initiated SpaceX (SPCX) with a Neutral rating and a $170 price target, ci…
$SPCX - SUSQUEHANNA SEES SPACEX UPSIDE, STAYS NEUTRAL
Susquehanna initiated SpaceX (SPCX) with a Neutral rating and a $170 price target, citing strong growth prospects but a demanding valuation.
The firm expects revenue to surge through 2030, driven by launches, Starlink and AI.
However, analysts recommend waiting for a better entry point, pointing to risks including Starship delays, Starlink competition and uncertainty around AI-related revenue.
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