Hillary Clinton Says Elon Musk Has 'Been An Underdog,' Urges Him Not to 'Abandon Ukrainians' As SpaceX CEO Defers Starshield Decision to Trump
On Wednesday, Hillary Clinton urged Elon Musk to maintain support for Ukraine amid Starshield disruptions.
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Anthony Scaramucci backs Elon Musk, urging facts on Starshield disruptions and asking Trump to clarify control over the satellites.
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On Wednesday, Hillary Clinton urged Elon Musk to maintain support for Ukraine amid Starshield disruptions.
SpaceX trades at a high valuation with a forward P/S multiple of 49x, but could appear undervalued if it achieves Elon Musk's ambitious $1 trillion revenue target by 2030. The bull case hinges on growth from AI infrastructure, Starlink, and mobile market expansion, while the bear case emphasizes the company's massive capital requirements and Musk's history of missed timelines.
SpaceX, which went public in June 2026, shows mixed investment potential by end of 2027. Analysts are generally bullish with a median price target of $217 (implying 33% upside from $163.42), but the lowest target is just $75. The company demonstrated 92% revenue growth to $7.8 billion in Q2 2026 but remains unprofitable with heavy capital expenditures of $18.4 billion. Success depends on execution of AI data center satellites and other growth initiatives.
Elon Musk expressed optimism on Wednesday, October 14, about all future cars being electric after gasoline-only cars dropped below 49% of global new vehicle sales for the first time.
Tesla has shifted strategy in China, pivoting from domestic sales to exports from Giga Shanghai as the Chinese EV market faces a brutal price war. While exports have more than doubled to nearly match domestic sales, Tesla's actual domestic retail sales hit a 4-year low. A looming challenge: Beijing will cut EV export tax rebates from 13% to 9% in April 2027, forcing Tesla to either absorb margin losses, raise prices, or reduce production capacity.