Citi‘s Most Read - Industrial Tech & Mobility

Research evidence excerpt

Citi‘s Most Read - Industrial Tech & Mobility

Roundup |

Citi's Most Read - Industrial Tech &

Mobility 13 Jul 2026 05:04:26 ET

July 6 - July 12

Citi Global Research AC

+44-20-7500-1400Most Read

As boundaries increasingly blur between conventional sectors, and as bottom-up

and top-down analysis converges, Citi Research offers a Super-Sector lens to help

you better understand and take advantage of widespread disruptive trends and

innovation, extending our peer analysis for greater breadth and depth. The

Industrial Tech & Mobility Super-Sector consists of the Autos, Capital Goods, and

Transportation sectors. Please find below a collection of our most impactful recent

research in the Industrial Tech & Mobility Global Super-Sector – we hope you find

it thought-provoking.

Most Read

Space Exploration Technologies (SPCX.O) - Potential for $900+; Initiating at

Buy

We are initiating on SPCX with a Buy rating and $200 price target, implying ~25%

upside by year-end. We believe this price target is a milestone along the path to

$900+ which becomes realistic assuming key engineering achievements are

demonstrated at scale. Ultimately, the successful deployment of Starship will

establish the most affordable and scalable path to unlocking the economic

potential of space, in our view, giving SPCX access to trillion-dollar markets that

no other company can realistically tap into. SPCX is at the beginning of a

particularly catalyst-rich 2-3 years which we expect will result in the company

establishing dominant positions in multiple high-value markets – namely

Connectivity and AI. Join us for 10+ hours of webcasts on The Space Economy and

Future of AI on July 8th.

Buy | Target price US$200.00

John Godyn | Heath Terry | Michael Rollins, CFA