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.
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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.
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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