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Wall Street is betting big on SpaceX.. a strong surprise in its fair value
SpaceX received a strong boost from major research houses on Wall Street, as a number of financial institutions began covering the stock with positive recommendations, indicating growing confidence in the company’s long-term growth outlook, despite ongoing questions about its current valuation, future profitability, and its ability to execute its ambitious plans.

According to analysts’ reports, at least six major financial institutions—among them Morgan Stanley, Goldman Sachs, and UBS—have started covering the company’s share with “Buy” recommendations, based on the substantial potential SpaceX has in space, artificial intelligence, and technology services, even as debate continues over whether these expectations have already been reflected in the stock’s current price.

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