SpaceX (SPCX) Stock: Company in Talks for 80,000 Cell Sites, Bloomberg Reports
Photo: CoinCentral
TLDR SpaceX (SPCX) stock fell 9.14% on Thursday, a day after a strong third-quarter report. Bloomberg says SpaceX wants at least 80,000 US cell sites and is in talks with Crown Castle. Q3 revenue rose 161% to $14.6 billion, with a $4.4 billion profit. JPMorgan lifted its target to $500 from $240, far above the other banks, which range from $190 to $300. Starship Flight 15 is expected next month with a catch attempt. SpaceX (SPCX) stock fell 9.14% on Thursday. The drop came a day after earnings and a flurry of analyst notes.
Source: CoinCentral
