SpaceX in spotlight as Argus starts with Hold rating

Businessen

Walter Cicchetti

SpaceX (SPCX) was in the spotlight on Friday as investment firm Argus started coverage on the Elon Musk-led company with a Hold rating.
“The IPO valuation implied a price-to-sales multiple of approximately 95 times 2025 revenues,” Argus analysts wrote in a

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