2026-06-12 · Hon. John James · BUY · $15,001 - $50,000
RECENT NEWS
Why is Space Exploration Technologies stock sliding today?
$SPCX - MORGAN STANLEY: SPACEX “CHEAP AND GETTING CHEAPER” Morgan Stanley reiterates Overweight on SpaceX with a $300 price target, arguing the stock looks cheap once its growth profile is considered. Analyst Adam Jonas says SpaceX trades roughly 40% below mega-cap AI peers on a growth-adjusted basis. Potential catalysts include upcoming Starship flights, Q3 earnings, Grok releases and additional neocloud deals, with a successful Starship catch potentially the biggest catalyst since the IPO.
Space Exploration Market Expected to Grow Steadily at a 16.2% CAGR Until 2030
$SPCX - TD COWEN STARTS SPACEX AT BUY, SEES AI BOOM TD Cowen initiated SpaceX at Buy with a $200 price target, citing major opportunities across AI computing and space. The firm expects AI compute leasing to become SpaceX’s largest business by Q1 2027, forecasting revenue of $14 billion in 2026, $66 billion in 2027 and $133 billion in 2028. TD Cowen also projects 107 million Starlink subscribers and nearly 1,000 annual launches by 2031.
SpaceXAI launches Team Bots for collaborative AI workflows