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SpaceX lands bullish ratings from Morgan Stanley and Goldman Sachs (SPCX:NASDAQ)

Wall Street banks Morgan Stanley and Goldman Sachs have issued bullish ratings for SpaceX as the company enters the public market.

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The brief

SpaceX has received bullish recommendations from major Wall Street banks, including Morgan Stanley and Goldman Sachs. This follows the end of a quiet period for the company's lead underwriters.

Coverage from Bloomberg, the Financial Times, and Seeking Alpha emphasizes the market's adoption of Elon Musk's vision for the company. However, MarketWatch reports a $1 trillion chasm in valuation between the two lead underwriters.

Further attention is directed toward the performance of the SpaceX IPO, with Yahoo Finance analyzing the current value of initial $10,000 investments.

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Quick answers

Which banks issued bullish ratings for SpaceX?

Morgan Stanley and Goldman Sachs.

What is the valuation discrepancy mentioned in the coverage?

MarketWatch reports a $1 trillion chasm in valuation between SpaceX's two lead underwriters.

When did this valuation information become available?

The information emerged as the quiet period ended.

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