Salesforce Invests in Muon Space as Guggenheim Keeps CRM Price Target
Salesforce has invested in Muon Space through its venture arm, Salesforce Ventures. The investment is part of Muon Space's $250M Series C funding round, valuing the company at $1.5B.
This move marks CRM's exposure to the space industry and signals a strategic investment for the company.
Guggenheim has maintained its price target for Salesforce at $228, without changing its rating or target.