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SpaceX Stock Just Received Its Highest Price Target Yet. Here's What a $10,000 Investment Would Be Worth if This Insanely Bullish Wall Street Analyst Is Right.

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SpaceX Stock Just Received Its Highest Price Target Yet. Here's What a $10,000 Investment Would Be Worth if This Insanely Bullish Wall Street Analyst Is Right.
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SpaceX stock received its highest price target yet as Raymond James initiated coverage and set an $800 target, the firm’s most bullish view reported ahead of public trading momentum. The article says 15 new analysts began coverage recently, and that 27 analysts now have price targets on SpaceX: 22 buy, four hold, and one sell, based on TipRanks. It also notes SpaceX has been trading just above its IPO opening-day price and is valued at more than $1.9 trillion after joining indexes including the Nasdaq-100. In the research note cited via Barron’s, analyst Brian Gesuale argued Starship—SpaceX’s heavy-lift, fully reusable rocket—could cut the cost of transporting equipment into orbit by nearly 100% while increasing payload. Gesuale models $837 billion in revenue and $696 billion EBITDA by 2031, using a 27x EBITDA multiple to support the $800 target. The piece frames the outlook as widely bullish but not unanimous.

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