SpaceX Stock Rebounds Above $170. Here Is How Much Upside Analysts See Left.

SpaceX stock rebounded above $170 as volatility continues in the weeks after its IPO, following a pricing of about $135 per share. The article attributes part of the swings to liquidity dynamics: the company sold less than 5% of its total outstanding shares, meaning a small portion is available for public trading compared with the roughly 80% typical of major firms. After briefly soaring above $200, the shares fell and bottomed around $150 before crossing $170 again. Analysts remain divided, with only seven covering the stock; the average 12-month target is about $222, implying roughly 30% upside, while the low estimate near $115 suggests more than 30% downside and a high around $400 would require an increase of over 130%. Morningstar, before the IPO, valued SpaceX at $63 per share and warned key engineering challenges are not expected to be resolved until at least 2028.