Woofun AI reports that UBS analysts have initiated coverage of Elon Musk's SpaceX with a Buy rating and a price target of $210. The firm characterizes the company as possessing a set of unparalleled assets that offer multiple upside drivers for long-term investors with risk tolerance. UBS stated that scaling the Starship launch vehicle will enable SpaceX to unlock opportunities in space, communications, and AI, with a total addressable market approaching $30 trillion.