- Raymond James reiterated its Strong Buy rating and $800 price target on SpaceX, citing the FAA filing and a proposed expansion in launch capacity.
- Morgan Stanley reiterated Overweight on SpaceX and raised its price target to $300, highlighting the Distributed Inference Cloud.
- Morgan Stanley views Starship Flight 15, expected in about a month, as SpaceX's biggest test of Starship reusability since the IPO.
- SpaceX agreed to acquire a nationwide 800 MHz spectrum portfolio from Grain Management for $8 billion, pending FCC approval.
Quotes
“the part of the SpaceX story that holds the greatest growth potential and is being largely ignored by investors”
“biggest test towards Starship reusability since the IPO”