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Michael Saylor responds 'bullish' to Elon Musk's SpaceX valuation outlook

BeInCrypto ·

MSTR Strategy Inc
$154.34 +1.89%
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  1. 1Michael Saylor expressed bullishness toward Elon Musk's vision that SpaceX's value will be dozens of times larger than the global economy.
  2. 2Following a 16% rally over five days, SpaceX's market capitalization reached approximately $2.17 trillion.
  3. 3Morgan Stanley's Adam Jonas maintained a price target of $300 for SpaceX but warned it could drop to $100 if AI demand cools.

So what's the key point?

Michael Saylor agreed with Elon Musk's opinion that SpaceX's value will be much larger than the global economy. SpaceX's market capitalization is approximately $2.17 trillion.

Source BeInCrypto · View original ↗

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