Spacex Stock Faces Investor Skepticism Amid Wall Street Optimism

WHO:

ABC News - SpaceX is founded by Elon Musk.

Yahoo Finance - Major institutional funds and Wall Street banks are involved in the coverage of SpaceX.

WHAT:

Yahoo Finance - SpaceX's stock price has dropped to $149 per share, below its IPO opening price.

Yahoo Finance - Analysts' average price target for SpaceX's stock is $236.45, which is 58% above the recent closing price.

Yahoo Finance - Morgan Stanley estimates that SpaceX needs to raise $84 billion annually from 2027 to 2034 to support its build-out.

Yahoo Finance - Goldman Sachs estimates that SpaceX will need to raise $270 billion of debt capital between 2026 and 2030.

Yahoo Finance - SpaceX's stock price has dropped to $149 per share, below its IPO opening price.

ABC News - Analysts from J.P. Morgan stated, “SpaceX’s ambitions, and potential impact on humanity, are bigger than any company’s we’ve ever seen.”

Yahoo Finance - Analysts from Morgan Stanley described SpaceX as "one of the few platforms that can link real estate in orbit, global connectivity, and compute capacity into one infrastructure stack."

Yahoo Finance - Analysts from Goldman Sachs noted that the markets related to SpaceX's operations could become multiple trillion-dollar opportunities over a 5+ year time horizon.

Yahoo Finance - Analysts from Bernstein expect SpaceX to achieve revenue growth from AI data centers, even if it is one or two years late.

Yahoo Finance - Analysts from RBC Capital Markets mentioned an almost ~$2 trillion total addressable market (TAM) expected by 2035.

ABC News - Analysts from various investment firms forecast SpaceX's stock to trade above $200 in the next 12 to 18 months.

Yahoo Finance - Morgan Stanley initiated coverage with an Overweight rating and a price target of $300 per share.

Yahoo Finance - Goldman Sachs initiated coverage with a Buy rating and a price target of $205 per share.

Yahoo Finance - Bernstein initiated coverage with an Outperform rating and a price target of $239 per share.

Yahoo Finance - RBC Capital Markets initiated coverage with an Outperform rating and a price target of $225 per share.

ABC News - Equity research firm MoffettNathanson gave SpaceX a more “neutral” rating and sees the stock eventually sitting at $131 per share.

ABC News - SpaceX's stock is trading around $152 per share after initially topping $200 in its first week of trading.

ABC News - SpaceX ended its first day on Wall Street with a market value of more than $2 trillion.

Yahoo Finance - JPMorgan Chase initiated coverage with a price target of $225 per share.

Yahoo Finance - Morgan Stanley initiated coverage with a price target of $300 per share.

Yahoo Finance - Goldman Sachs initiated coverage with a price target of $205 per share.

Yahoo Finance - Bernstein initiated coverage with a price target of $239 per share.

Yahoo Finance - RBC Capital Markets initiated coverage with a price target of $225 per share.

ABC News - Analysts from J.P. Morgan expect SpaceX's stock price to reach $225 by the end of 2027.

ABC News - Raymond James expects SpaceX's stock to eventually reach $800 per share.

WHERE:

ABC News - The stock is traded on Wall Street and is entering the Nasdaq 100.

WHEN:

ABC News - SpaceX's IPO day was on June 12.

ABC News - Analysts expect the stock price to reach $225 by the end of 2027.

ABC News - Analysts from Raymond James believe the stock will reach $800 per share in the future.

WHY:

Yahoo Finance - Analysts express that achieving Starship reusability and increasing payloads are critical for SpaceX's future success.

Fast Company - MoffettNathanson expressed concerns over many of the unknowns related to regulatory issues, technology, and demand.

ABC News - Elon Musk decided to take SpaceX public to fund its ambitions, including putting more satellites and data centers into space and establishing a colony on Mars.

ABC News - Analysts are optimistic about SpaceX's potential to lead the market for space transportation and infrastructure.

HOW:

Yahoo Finance - Analysts project that JPMorgan expects 5,000 Starship launches by 2031, while RBC expects 2,440 by 2030.

ABC News - SpaceX's reusable rockets allow it to transport people and cargo into Earth's orbit.

ABC News - SpaceX has achieved about 670 orbital launches with a nearly 99% success rate using its Falcon rockets.

(UPDATED July 8, 2026 05:53 UTC)

SpaceX's stock price has fallen to $149 per share, dipping below its initial public offering opening price, while analysts have set an average price target of $236.45, indicating a potential upside of 58%. To support its ambitious build-out, Morgan Stanley estimates that SpaceX will need to raise $84 billion annually from 2027 to 2034, and Goldman Sachs projects a need for $270 billion in debt capital between 2026 and 2030. Analysts emphasize that achieving reusability of the Starship and increasing payload capacities are essential for the company's future, with JPMorgan forecasting 5,000 Starship launches by 2031 and RBC predicting 2,440 by 2030.

(UPDATED July 8, 2026 02:53 UTC)

SpaceX's stock price has fallen to $149 per share, dipping below its initial public offering opening price. Analysts from J.P. Morgan highlighted that SpaceX's ambitions could have a greater impact on humanity than any company we've seen before, while Goldman Sachs pointed out that the markets tied to SpaceX's operations could evolve into multiple trillion-dollar opportunities over the next five years. Additionally, RBC Capital Markets anticipates an almost $2 trillion total addressable market by 2035, with Bernstein predicting revenue growth from AI data centers, albeit potentially one or two years later than expected.

(UPDATED July 7, 2026 23:25 UTC)

Analysts from various investment firms are optimistic about SpaceX's stock, with projections suggesting it could trade above $200 within the next 12 to 18 months. Morgan Stanley has given the stock an Overweight rating with a price target of $300 per share, while Goldman Sachs and Bernstein have set targets of $205 and $239, respectively. However, MoffettNathanson has taken a more cautious stance, rating the stock as neutral and predicting it will settle at $131 due to concerns over regulatory issues, technology, and demand.

(UPDATED July 7, 2026 19:40 UTC)

SpaceX, founded by Elon Musk, has made a significant entrance into the stock market, ending its first day on Wall Street with a market value exceeding $2 trillion and shares trading around $152 after initially surpassing $200. Major financial institutions, including JPMorgan Chase and Morgan Stanley, have initiated coverage with price targets ranging from $205 to $300 per share, while analysts predict the stock could reach $225 by the end of 2027 and even $800 in the future. With a remarkable track record of about 670 orbital launches and a nearly 99% success rate using its Falcon rockets, SpaceX is poised to lead the market in space transportation and infrastructure as it aims to fund its ambitious projects, including establishing a colony on Mars.