SpaceX Hits $152 as Analysts Set $240 Average Target, Bull Case at $900

According to Barron's, analysts set an average target price for SpaceX at $240 per share on Thursday, implying a valuation of approximately $3.2 trillion and surpassing Microsoft, Amazon, and Tesla. The stock rose 2.6% to $152.16, ending a three-day losing streak.

Citigroup analyst John Godyn set a base target of $200 per share but suggested in an optimistic scenario SpaceX could reach $900, valuing the company at roughly $12 trillion. Morgan Stanley analyst Adam Jonas offered a more conservative bull case of $600 per share at $300 base target, contingent on Starship's commercial deployment in 2026 and other business unit growth.