Serenity questions Raymond James' Strong Buy rating for SPCX, calling their research report "speechless"

Odaily Planet Daily News "White-haired Stock God" Serenity posted that Raymond James Financial initially covered SPCX with a "Strong Buy" rating, setting a target price of $800, a significant increase from the previous $160.

In response, Serenity stated that this target price implies a valuation of $10 trillion for SpaceX, and claimed to be "speechless" about it. He sarcastically remarked that the so-called "institutional research report" interpreted for retail investors speaks for itself in terms of its content.