Brokerages Initiate SpaceX Coverage with Bullish Ratings After $75B IPO

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Several major brokerages launched their research coverage of SpaceX on Tuesday, largely assigning buy ratings to the company's stock. The initiations follow SpaceX's initial public offering in June, which valued the company at $75 billion. Analysts appear broadly optimistic about the company's growth prospects going forward. The wave of post-IPO research marks a significant milestone in SpaceX's transition to a publicly traded company.

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Crypto & Web3CoinDesk ·

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Ex-Tether Investment Chief Seeks to Sell Portion of 1.26% Stake in Firm

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