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Brian Sozzi, reporter / analyst at Yahoo Finance, shares that JP Morgan has initiated coverage on SpaceX with an Overweight rating and a $225 December 2027 price target.
The report highlights SpaceX’s ambitious goals and its significant potential impact, emphasizing its Starship launch capabilities and rapid reusability.
Sozzi previously reported that SpaceX options traded more than 1.5 million contracts daily over three days. He has also covered expectations for leading equities, noting that the top 10 stocks are projected to contribute nearly 75 percent of S&P 500 earnings growth in Q2. These reports reflect a continued focus on major players and trading activity.