Buy SpaceX Stock Before It Soars 435% to $10 Trillion, According to 1 Wall Street Analyst

A Wall Street analyst is pitching SpaceX for major upside, arguing the company could reach a $10 trillion market capitalization. The article says SpaceX (NASDAQ: SPCX) drew exceptionally strong demand ahead of its public debut, with the offering raising $85.7 billion and reportedly being more than four times oversubscribed. Raymond James analyst Brian Gesuale initiated coverage with a “strong buy” rating and a $800 price target, which the piece frames as 435% potential gains versus Tuesday’s closing price. The bullish case centers on Starship as a next-generation spacecraft that could lower the cost of transporting cargo into orbit by 99% and increase payloads by an order of magnitude. The article also cites projected growth from $38.5 billion in revenue to $837 billion and EBITDA rising from $17.7 billion to $696 billion. It notes the thesis depends on SpaceX successfully developing a next-stage system, though details are not fully included.