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DZ Bank Starts SpaceX Coverage, Sell, $100
x/space-x
— Aug 20, 2026
DZ Bank started SpaceX coverage with a Sell rating and a $100 price target, arguing the company’s enormous capital needs for AI, Starship, and other ventures have driven valuation too far ahead of execution. The development comes as SpaceX trades near its IPO price amid 319 million unlocks and investor uncertainty about timelines and cash burn, even as most analysts still rate the stock Buy with higher targets.
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