$SPCX - JPMORGAN DOUBLES SPACEX PRICE TARGET TO $500 JPMorgan raised its SpaceX price target from $240 to $500, maintaining an Overweight r…
$SPCX - JPMORGAN DOUBLES SPACEX PRICE TARGET TO $500
JPMorgan raised its SpaceX price target from $240 to $500, maintaining an Overweight rating.
The bank now forecasts $254 billion in 2027 revenue and 10 GW of computing capacity by year‑end, more than doubling its 2027–2028 estimates.
JPMorgan also sees strategic merit in a potential SpaceX–Tesla merger, though no deal is guaranteed.