{"id":2910,"date":"2026-06-12T16:43:24","date_gmt":"2026-06-12T16:43:24","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2026\/06\/12\/spacex-stock-opens-at-150-analyst-says-it-isnt-out-of-juice-just-yet\/"},"modified":"2026-06-12T16:43:24","modified_gmt":"2026-06-12T16:43:24","slug":"spacex-stock-opens-at-150-analyst-says-it-isnt-out-of-juice-just-yet","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2026\/06\/12\/spacex-stock-opens-at-150-analyst-says-it-isnt-out-of-juice-just-yet\/","title":{"rendered":"SpaceX stock opens at $150: analyst says it isn’t out of juice just yet"},"content":{"rendered":"
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SpaceX (SPCX) made its historic debut on Nasdaq<\/a> this morning, with shares opening at an exciting $150 \u2013 a more than 10% premium on the company\u2019s initial public offering (IPO) price.<\/p>\n

At current levels, the artificial intelligence (AI) and space infrastructure firm is valued at just under $2 trillion, which makes it the sixth-most valuable US company, and its founder, Elon Musk, the world\u2019s first trillionaire<\/a>.<\/p>\n

And while the massive valuation has sparked intense debate among experts, Wolfe Research insists SpaceX <\/a>stock still has plenty of juice left, projecting substantial upside ahead. \u00a0<\/p>\n

Why Wolfe sees significant further upside in SpaceX stock<\/h2>\n

Wolfe initiated coverage on SPCX shares on Friday with an \u201cOutperform\u201d rating and a bold $175 price target, representing another 17% upside from current levels.<\/p>\n

Analyst Myles Walton grounded this bullish outlook in SpaceX\u2019s unprecedented dominance over the global launch infrastructure, effectively giving the enterprise an ironclad monopoly.<\/p>\n

Pointing to data showing SPCX commands five out of every six domestic launches, he pointedly asked clients if there could be a more lucrative economic moat than possessing a near-monopoly on escaping Earth\u2019s gravity.<\/p>\n

The research firm emphasizes that the successful execution of Starship\u2019s reusability is the ultimate catalyst that will unlock unparalleled cost efficiencies \u2013 driving down unit economics and leaving capital-intensive aerospace rivals stranded on the launchpad.<\/p>\n

Why SPCX shares are poised for continued gains ahead<\/h2>\n

The sheer brilliance of SpaceX\u2019s core launch business lies in how it subsidizes and fuels its highly ambitious, next-generation growth initiatives.<\/p>\n

Beyond traditional orbital delivery, SpaceX is uniquely positioned to exploit its cost advantages to scale its hyper-profitable Starlink satellite internet division and aggressively expand its network.<\/p>\n

Musk\u2019s grand post-IPO roadmap features plans to deploy over 100,000 communication satellites and construct revolutionary AI data centers directly in orbit.<\/p>\n

Following its strategic merger with xAI<\/a> in early 2026, which integrated the Grok AI model and the X social platform, SpaceX is building a verticalized architecture.<\/p>\n

Wolfe notes that while tech rivals like OpenAI and Anthropic may lead in raw algorithmic models, SpaceX holds the ultimate trump card: structural computing cost-dominance achieved through unparalleled direct access to space.<\/p>\n

What\u2019s the Wall Street consensus on SpaceX<\/h2>\n

While skeptics point to the company\u2019s accumulated deficit of $41.3 billion since its 2002 inception, institutional sentiment surrounding SPCX stock remains fiercely optimistic.<\/p>\n

Alongside Wolfe\u2019s bullish forecast, Oppenheimer initiated a Buy rating<\/a> with an even more bullish $190 target, and New Street Research set a $165 price target, cementing a consensus that SpaceX is entering an unprecedented hyper-growth phase.<\/p>\n

All in all, the fresh $75 billion capital injection provides a formidable war chest, reinforcing that Space Exploration Technologies Corp is no longer just a rocket manufacturer, but an elite, multi-planetary computing and infrastructure powerhouse.<\/p>\n

The post SpaceX stock opens at $150: analyst says it isn't out of juice just yet<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

SpaceX (SPCX) made its historic debut on Nasdaq this morning, with shares opening at an exciting $150 \u2013 a more than 10% premium on the company\u2019s initial public offering (IPO) price.At current levels, the artificial intelligence (AI) and space infrastructure firm is valued at just under $2 trillion, which makes it the sixth-most valuable US…<\/p>\n","protected":false},"author":1,"featured_media":2911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2910"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2911"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}