[Investment Bank Susquehanna: Optimistic About SpaceX's Upside Potential, But Maintains Neutral Rating] BlockBeats News, June 23, investment bank Susquehanna International Group initiated coverage of SpaceX (ticker symbol SPCX) with a 'Neutral' rating and a target price of $170. The rationale is that the company has strong growth prospects, but its current valuation is relatively high. The firm expects the company's revenue to continue rapid growth through 2030, driven by its launch business, Starlink, and AI-related applications. However, analysts also recommend that investors wait for a better entry point and highlight potential risks, including delays in SpaceX's Starship development, intensified competition for Starlink, and uncertainties surrounding AI-related revenue.