Goldman Sachs Joins Banks in Bullish SpaceX Ratings as Shares Fall 1.17%
GS•Goldman Sachs joined JPMorgan, Morgan Stanley and other major banks in issuing its first-ever ratings on SpaceX, all recommending bullish positions on the rocket company. In the latest trading session, GS shares declined 1.17% from the previous close.
1. GS Issues First Ratings on SpaceX
Goldman Sachs joined JPMorgan, Morgan Stanley and other leading banks in releasing its inaugural rating on SpaceX, all assigning bullish stances on the private rocket company. The move underscores GS’s growing focus on commercial space ventures and satellite services.
2. GS Stock Declines 1.17%
In the most recent trading session, Goldman Sachs shares fell 1.17% as investors weighed the firm’s exposure to higher private-market valuations. The drop highlights short-term profit-taking ahead of upcoming corporate updates.
