SpaceX Joins Nasdaq-100 Today with Morgan Stanley, Wells Fargo, Goldman Sachs Setting Price Targets of $230–$300

SpaceX (SPCX) joined the Nasdaq-100 Index today (July 7), with major brokerages Wells Fargo, Morgan Stanley, and Goldman Sachs initiating coverage with bullish ratings. Wells Fargo set a $230 price target, representing 43% upside, while Morgan Stanley and Goldman Sachs issued targets of $300 (87% upside) and $205 respectively. Analysts highlighted growth prospects across space transportation, satellite communications, and artificial intelligence.

According to JPMorgan, the index inclusion could drive up to $4.3 billion in inflows into the stock. SPCX shares were down 0.5% in premarket trading on Tuesday.

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