STOCKS | Bernstein Keeps SpaceX Outperform Rating, Sees Starlink Broadband Revenue at $64 Billion by
STOCKS | Bernstein Keeps SpaceX Outperform Rating, Sees Starlink Broadband Revenue at $64 Billion by 2031 Bernstein SocGen kept its Outperform rating on SpaceX and maintained a $248 price target, citing its long-term outlook for Starlink's residential broadband business. According to Sina Finance, the firm expects Starlink's consumer and small-business broadband revenue to reach about $64 billion by 2031. Bernstein said Starlink is still in a rapid expansion phase, with its broadband subscriber base having nearly doubled each year over the past four years and expected to nearly double again this year. Based on assumptions for the global broadband market size and population growth, Bernstein's base case puts Starlink's user base at about 168 million by 2031.
$MARSCOIN I hope MARSCOIN can break through the major $0.14 resistance this time. It has made too many attempts and failed at this resistance already.$MARSCOIN