Citi Raises SpaceX Price Target 20% to $240 After June IPO
Photo: TokenPost
Citi raised its SpaceX price target to $240 from $200 on Oct. 21, a 20% increase in the bank’s valuation benchmark for the rocket and satellite company. SpaceX began trading on Nasdaq on June 12 after an initial public offering priced at $135 a share. Its shares trade under the ticker SPCX. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
