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SPCXBullishIndustry Newsnews
High materiality7/10

SpaceX trades near IPO price as analysts stay bullish on SPCX upside

Jul 13, 2026, 2:01 PM EDT6 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Analyst targets span from ~$205 to $800; Raymond James’ $800 target signals strong upside potential despite near-term weakness, suggesting price could rebound if SpaceX demonstrates progress on scalable AI and industrial platforms; similar when IPOs of private firms become liquid and attract bullish consensus on growth trajectories.

AI summary

What happened, with direct paths to the underlying reporting

SpaceX shares slid toward their IPO price, nudging Elon Musk’s net worth below $900 billion despite a broadly bullish analyst backdrop. Price targets span from about $205 to $800, with Raymond James at $800, signaling strong upside expectations if SpaceX scales its AI and industrial platforms. The stock has been volatile since its debut, but supporters view the company as building a foundational hyperscaler in connectivity and launches.

  • SpaceX shares fell 3.8% toward $135 IPO price; Musk’s net worth below $900B.
  • Analysts remain bullish; price targets range $205–$800. Raymond James sets $800 target.
  • SpaceX peak net worth $1.45T on June 16; down 38% since.
  • Stock volatile post-IPO; Dan Ives says SpaceX differentiated, hyperscaler potential.

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