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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 15 sources · 3 days · First seen 12 days ago · Last updated 9 days ago

Siemens Energy and SpaceX gas turbine developments

Overview

Siemens Energy shares experienced a decline following reports that SpaceX might begin manufacturing gas turbine components to power its AI data centers. The stock reached a low of approximately 139.50 euros during this period.

Financial analysts subsequently provided updated outlooks regarding the potential competition. JPMorgan noted that because SpaceX’s components are intended for internal use rather than the open market, no direct competition for Siemens Energy is currently expected. While Jefferies lowered its price target for Siemens Energy to 210 euros due to concerns over supply chain bottlenecks and market peaking, other institutions maintained positive ratings.

Entities

Siemens Energy · Jefferies · Shell · Oppenheimer · SpaceX

Timeline

9 days ago

[BUSINESS] 10 sources
SpaceX valuation nears $2 trillion amid tech rally
SpaceX's valuation has surged back toward $2 trillion, driven by Starlink growth and anticipation of the 14th Starship test flight, despite previous IPO price volatility.
12 days ago

[BUSINESS] 6 sources
Siemens Energy shares dip on SpaceX gas turbine component reports
Siemens Energy shares fell following reports that SpaceX may manufacture gas turbine components, though analysts from JPMorgan and Jefferies maintain positive ratings and buy recommendations.

Sources

4investors.de · ad-hoc-news.de · businesselitesafrica.com · financial-news.co.uk · finanzen.ch · finanzen.net · finanzen100.de · finanznachrichten.de · it-boltwise.de · kapitalmarktexperten.de · plastix.it · sharedeals.de · stocknews.com · stocktitan.net · theascent.com