UBS: SpaceX has an unparalleled asset portfolio.

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BlockBeats news, July 8, UBS analysts said that Elon Musk's SpaceX provides a business model that allows it to seize opportunities in the space, connectivity, and artificial intelligence sectors. They initiated coverage of the stock with a Buy rating and a price target of $210. "We believe SpaceX is an unparalleled set of assets, providing multiple upside drivers for long-term investors with risk tolerance," UBS analysts said. Scaling up its Starship launch vehicle will allow SpaceX to unlock opportunities in space, communications, and AI, with a total addressable market close to $30 trillion. (Jin Shi)
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