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Morgan Stanley reportedly raises SpaceX price target to $300
According to Walter Bloomberg (@DeItaone), Morgan Stanley has raised its price target for SpaceX to $300 and brought forward its free cash flow breakeven expectation from 2035 to 2031. The report states that the bank expects SpaceX to achieve revenue of $175 billion in 2027, and $289 billion in revenue alongside $119 billion in operating profit by 2028.
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