TLDR
- SpaceX stock is trading at $147.95, up 18% over the past month and back above its IPO price of $135
- The median 12-month analyst price target is $216, a potential 46% gain from current levels
- Q2 revenue hit $7.81 billion, up 92% year over year, with earnings per share beating estimates by $0.17
- Bond Capital Management took a new $180.6 million position in SPCX, making it 59.2% of their portfolio
- A share unlock on September 9 could create short-term selling pressure
SpaceX (SPCX) stock is trading at $147.95, having climbed 18% over the past month. That move pushed it back above its IPO price of $135 after dipping as low as $104.83 during its short trading history.
Space Exploration Technologies Corp., SPCX
Of the 41 analysts covering the stock, the median 12-month price target sits at $216. That would represent a 46% gain from the September 4 closing price. The lowest target on record is $75, while the highest sits at $800, though most analysts view that upper figure as a longer-term possibility rather than a near-term one.
The average consensus target across all analysts is $221.20, with a “Moderate Buy” rating. Ratings break down as two Strong Buys, 25 Buys, eight Holds, and seven Sells.
Strong Revenue Growth
SpaceX reported Q2 earnings on August 4. Revenue came in at $7.81 billion, up 91.9% year over year. The company posted earnings per share of -$0.09, beating the consensus estimate of -$0.26 by $0.17.
Despite the revenue beat, SpaceX is still unprofitable. Its net loss narrowed from $1 billion a year ago to $541 million in Q2 2026. Analysts expect full-year EPS of -$0.15.
The company spent $18.4 billion in one quarter, including $15.8 billion on AI infrastructure. That level of capital spending is a key concern for some analysts.
Institutional Investors Moving In
Bond Capital Management LP disclosed a new position of 1,057,120 SPCX shares worth approximately $180.6 million. That makes SpaceX its single largest holding at 59.2% of the portfolio.
Several smaller firms also opened positions in Q2, including Dynamic Advisor Solutions ($3.38 million), KERR Financial Planning ($566,000), Apella Capital ($452,000), Dogwood Wealth Management ($139,000), and Burkett Financial Services ($70,000).
SpaceX has struck data center compute deals with both Alphabet and Anthropic. Together, those contracts are estimated to generate $26 billion in annual revenue. For context, the company posted $18.7 billion in total revenue for all of 2025.
SpaceX is targeting a $26.5 trillion total addressable market in AI infrastructure and has plans to launch over 1 million orbital satellites to serve as data centers, with launches expected from 2028.
On the analyst front, JPMorgan initiated coverage in July with an “overweight” rating and a $225 price target. Wells Fargo maintained “overweight” but trimmed its target from $230 to $215. Sanford C. Bernstein reiterated “outperform” on August 31. Phillip Securities issued a “strong sell” on July 31, and Susquehanna downgraded from “neutral” to “underperform” on August 7.
The stock’s 50-day moving average is $136.15. Its 12-month range sits between $104.83 and $225.64. A potential Starship Test 14 launch in mid-September is on investors’ radar as a near-term catalyst.
The most immediate risk is the September 9 share unlock, which could increase supply and add selling pressure following the recent rally.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
