Wall Street Analysts Raise SpaceX Price Targets Ahead of Flight 15
SpaceX stock is rebounding as investors and analysts anticipate the Starship Flight 15 test flight and the company's expansion into AI satellites.
Wall Street analysts have increased their bullish outlook on Space Exploration Technologies Corp. as its stock price closed Friday at $158.96, nearing its June IPO level. Investors are primarily focused on Flight 15, the next Starship rocket test flight scheduled for late October or early November.
Morgan Stanley and Wells Fargo both maintain overweight ratings for the stock, setting price targets of $300 and $212, respectively. These valuations are driven by Starship's payload capacity and expected cost savings. Simultaneously, the company is redirecting engineering resources toward orbital data centers and AI satellites, with a goal of an orbital demonstration launch in the second quarter of 2027.
Deutsche Bank analysts suggest these developments occur as the broader space sector begins a medium-term rebound following a significant market correction in 2026.
