SpaceX: 900 USD price target? Why Starship could lead to a 12 trillion USD valuation according to Citi

At SpaceX (i), Citi raised its long-term valuation to a new dimension this week. Analyst John Godyn sees the recent Starship mission as an important step towards a long-term price target of 900 USD. This would correspond to a market capitalization of around 12.2 trillion USD – compared to approximately 2 trillion USD currently. Citi therefore sees long-term potential for the stock to multiply. The key point is: Starship does not necessarily need to become the biggest revenue generator. The rocket is more the infrastructure that makes other billion-dollar...