Wall Street Banks Predict SpaceX Price Targets Up to $300

Major investment banks have published their first research reports on SpaceX following its initial public offering. The uniformly bullish views from Wall Street's top banks come as a boost to growth stock sentiment, with price targets ranging from $200 to $300.

Morgan Stanley initiated coverage with an Overweight rating and a $300 price target, while Deutsche Bank started with a Buy rating and a $255 target. Citigroup set a year-end target of $200 but predicted the stock could rise above $900 over the longer term if Starship development advances successfully.

The banks highlighted SpaceX's strengths in reusable rockets and Starlink, as well as its AI competitiveness through Grok and Cursor. However, they also pointed to risks, with Goldman Sachs estimating that SpaceX would need about $270 billion in additional funding to carry out its business plans from 2026 to 2030.

The inclusion of SpaceX in the Nasdaq-100 Index is expected to draw passive fund inflows, but there's no confirmation of capital inflows from the crypto market yet. Despite this, expectations of mainstream acceptance and institutional optimism are supporting the preference for U.S. growth assets.