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JPMorgan Sees 209% Upside for SpaceX

Original: SpaceX Bulls Rejoice: JPMorgan Sees 209% Upside

JPMorgan has issued a strikingly bullish valuation for SpaceX, suggesting roughly 209% upside from current levels. The call, highlighted by Yahoo Finance, is energizing investors who back Elon Musk's rocket and satellite company, which remains privately held but dominates the commercial launch market. Analysts say such an optimistic outlook reflects confidence in Starlink's growth and SpaceX's launch business, though private-company valuations remain hard to verify independently.

Why now: JPMorgan's unusually large upside estimate for a high-profile private company has caught investors' attention.

SpaceXJPMorganElon MuskStarlink

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