business
Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook
Key takeaways
- Oppenheimer launches Wall Street's first coverage of Space X with bullish outlook By Siddarth S Thu, June 11, 2026 at 9:39 PM GMT+7 2 min read SPCX OPY By Siddarth S
- June 11 (Reuters) - Oppenheimer became the first global brokerage to start coverage of Space X, ahead of the rocket and AI company s highly anticipated $75 billion market debut on Friday.
- The brokerage issued an "outperform" rating and set a price target of $190, implying an upside of nearly 41% to Space X s IPO price of $135.
Oppenheimer launches Wall Street's first coverage of Space X with bullish outlook By Siddarth S Thu, June 11, 2026 at 9:39 PM GMT+7 2 min read SPCX OPY By Siddarth S
June 11 (Reuters) - Oppenheimer became the first global brokerage to start coverage of Space X, ahead of the rocket and AI company s highly anticipated $75 billion market debut on Friday.
The brokerage issued an "outperform" rating and set a price target of $190, implying an upside of nearly 41% to Space X s IPO price of $135.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Fortune
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Bloomberg Markets
Wall Street’s Worries Are All About AI
Bloomberg Markets
Wall Street Looks for Proof of AI Profit
Investing.com
Wall Street regulator proposes to scrap ’order protection rule’
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop