Gene Munster Predicts SpaceX Could Generate $135 Billion In Annual Revenue— Well Above Wall Street's Forecast: 'The Dust Is Settling

Investor Gene Munster (Deepwater Asset Management) backed Space Exploration Technologies Corp. (Nasdaq:SPCX), stating that the company’s revenue is expected to grow over the coming year. The note is primarily sentiment/positioning rather than a quantified earnings or guidance update. Likely limited near-term impact on the stock absent additional fundamentals.

Analysis

Investor Gene Munster (Deepwater Asset Management) backed Space Exploration Technologies Corp. (Nasdaq:SPCX), stating that the company’s revenue is expected to grow over the coming year. The note is primarily sentiment/positioning rather than a quantified earnings or guidance update. Likely limited near-term impact on the stock absent additional fundamentals.