Dec. 23 at 3:36 PM
$SATS According to the StockTwits article, UBS and Citi both agree with Morgan Stanley that the SpaceX shares were acquired at the
$400B valuation (
$212 / sh). UBS saying
$65 of SpaceX per SATS share.
“UBS… However, the firm added that the company’s 3% SpaceX stake, now implied at about
$22B or roughly
$65 per share assuming an
$800 billion valuation, …
Meanwhile, Citi analyst Michael Rollins hiked EchoStar’s price target, citing recent reports that SpaceX’s upcoming public listing at an allegedly
$800B could double the pre-tax value of the cost basis for its SpaceX shares that it would receive after its pending spectrum sales.”