BofA Initiates SpaceX Coverage at $235 Price Target, Sees Multiple Billion-Dollar Businesses
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Bank of America has initiated coverage of SpaceX with a $235 price target, citing the company's potential for multiple billion-dollar businesses. Some analysts see significant upside for the stock, with one predicting it could be worth $10 trillion in five years, while others have set high price targets, including a street-high $300 target. However, not all analysts are bullish, and the stock has recently dipped near its IPO price, sparking mixed reactions from Wall Street.
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