UBS analysts initiated coverage of Elon Musk’s SpaceX with a buy rating and a target price of $210, citing what they described as a business model positioned to capture opportunities in space, connectivity, and artificial intelligence.
According to Odaily, the analysts said they view SpaceX as a set of assets that could offer multiple upside drivers for long-term investors with higher risk tolerance.
They added that scaling up the company’s Starship launch vehicle could enable SpaceX to pursue opportunities across space, communications, and AI, and estimated the total addressable market at nearly $30 trillion.
STOCKS | UBS Analysts Initiate Coverage of SpaceX With Buy Rating and $210 Target Price
2026-07-08 08:54:35
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