SpaceX: UBS reiterates Buy, sets $210 target on Starlink expansion
UBS reiterates its Buy rating on SpaceX and targets $210, citing AI token demand and Starlink expansion, including Starship and V3 satellites accelerating broadband next year.
SPCX - UBS BULLISH ON SPACEX — $210 TARGET UBS reiterated its Buy rating on SpaceX with a $210 price target, expecting AI token demand and Starlink expansion to drive growth.
UBS sees Starship and V3 satellites accelerating Starlink broadband next year.
SpaceX's mobile strategy could add further upside through femtocells built into Starlink terminals.
However, success depends on securing scarce low-band spectrum and achieving enough network density, particularly in urban areas where coverage remains challenging.