Phillip Securities: Maintains a “Sell” rating on SpaceX (SPCX.US), with a target price of $75. Remains cautious about high capital expenditures, AI client concentration, and temporary cloud service contracts. To drive a valuation re-rating, clients will need to make longer-term business commitments.

Phillip Securities: Maintains a “Sell” rating on SpaceX (SPCX.US), with a target price of $75. Remains cautious about high capital expenditures, AI client concentration, and temporary cloud service contracts. To drive a valuation re-rating, clients will need to make longer-term business commitments.

智通财经2026/08/17 09:26

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Phillip Securities: Assigns a "Sell" rating to SpaceX (SPCX.US) with a target price of 75 USD. Remains cautious about high capital expenditure, AI client concentration, and temporary cloud service contracts. To drive a valuation re-rating, clients need to make longer-term business commitments.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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