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HSBC Sets $115 Price Target for SpaceX on July 24, Lower Than Prior Close

2026-07-24 13:02:00

SPCX-3.33%

TSLA-3.38%

According to HSBC, on July 24, the investment bank set a 'hold' rating on SpaceX with a $115 price target, below the previous trading day's close of $117.93. In its analysis, HSBC referenced Tesla's stock performance over its first decade post-IPO as a comparable case for valuation, citing Musk's leadership and disruptive technology approach. In HSBC's most optimistic "blue sky" scenario, it assigned SpaceX a fair value of $293 per share.

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GateUser-f01b240f

· 5h ago

坚定HODL💎

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