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BTCC / BTCC Square / Global Cryptocurrency /
SpaceX IPO Draws Wall Street Optimism with $190 Price Target

SpaceX IPO Draws Wall Street Optimism with $190 Price Target

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2026-06-11 23:58:03
0
BTCCSquare news:

SpaceX's imminent public debut has ignited Wall Street's bullish sentiment, with Oppenheimer leading the charge at a $190 price target. The space exploration firm's valuation narrative hinges on its reusable rocket dominance and Starlink's potential to disrupt global communications infrastructure.

Analyst projections paint a staggering 2030 revenue picture—$195 billion in sales with $65 billion operating profit. At 38x estimated future earnings, SpaceX commands a premium multiple compared to tech giant Alphabet's 13x. Retail investors may absorb 20% of the offering, with demand potentially eclipsing $70 billion.

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