Raymond James Sets $800 Price Target on SpaceX, Valuing It at $10.5 Trillion
Raymond James analyst Brian Gesuale has set an aggressive price target of $800 for SpaceX by 2031, implying a valuation of $10.5 trillion and suggesting the company could surpass even Nvidia in market cap. The analysis highlights concerns about potential AI sector overvaluation following SpaceX's record-breaking IPO.
Topics: AI bubble warning IPO Nvidia price target SpaceX