Analysts see more upside for SpaceX as post-IPO research begins

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Analysts see more upside for SpaceX as post-IPO research begins

60-second summary

Analysts are initiating coverage on SpaceX with mostly buy ratings following the company's $75 billion June IPO, indicating more upside potential for the space exploration giant. Morgan Stanley and other major brokerages are optimistic about the company's growth prospects, with some even setting price targets above the current market value, sparking investor interest in the space.

Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO.