12.3851.68% ( +0.205 )
Trading: Oct 19, 15:39:11 (EDT)SpaceX or Netflix: Wells Fargo Says Sell One Stock Ahead of Tuesday's Earnings
Tip Ranks·- Wells Fargo analysts recommend that investors sell one stock while buying another ahead of Tuesday's earnings reports for SpaceX and Netflix. - Analyst Ken Gawrelski assigns SpaceX an Overweight rating with a $212 price target, citing long-term potential in its launch capabilities, Starlink, and orbital AI infrastructure. - Gawrelski forecasts 6.4 gigawatts of orbital computing capacity by the end of 2029, which will require more than 1,200 Starship launches to support the expansion.SpaceX Could Buy Tesla for $480 Per Share in $3.74 Trillion Merger, RBC Says
benzinga_article·- RBC Capital Markets reported that SpaceX could hypothetically acquire Tesla for $480 per share in a $3.74 trillion all-stock merger. - The proposed combination would integrate Tesla's robotics and manufacturing with SpaceX's AI infrastructure, though analysts hold mixed views on the potential benefits and arbitrage risks for shareholders. - Prediction markets currently estimate an 18% probability of an official announcement by the end of 2026, rising to 64% by the end of 2027.SpaceX Stock Moves Higher: What's Going On?
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