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Wall Street banks are sky-high about SpaceX, but investors remain cautious
Wall Street analysts recommend buying SpaceX stock, forecasting prices above $200 in 12-18 months, but the stock currently trades around $152. Analysts highlight SpaceX's potential in space transportation, Starlink satellites, and AI advancements, though risks like Starship development delays are noted. The company's IPO in June 2024 valued it at over $2 trillion, making Elon Musk the first trillionaire, though his net worth has since dropped below $1 trillion.
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