Raymond James Sets $800 SpaceX Target, $10.5T Implied Valuation Draws Bubble Scrutiny
What happened
Raymond James issued an $800 per-share price target on privately held SpaceX, placing the company's implied valuation at roughly $10.5 trillion — a figure that would rank it among the highest corporate valuations ever assigned by a major Wall Street firm. Elon Musk controls both SpaceX and Tesla (TSLA). The Motley Fool's coverage frames the target as a potential marker of speculative excess. No formal buy or sell rating language was specified in the available summary.
The QL Read
TSLA's composite signal sits at a neutral 45/100 with shares up only 0.71% to $397.24 — no momentum confirmation behind Musk's broader valuation story. With the market registering 296 Strong Sells versus 269 Strong Buys, the tape is not rewarding speculative premiums today.
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