Analysts maintain bullish price targets up to $800 for SpaceX despite recent unprofitability driven by AI expansion costs.
SpaceX shares trade at $108, well below their post-IPO peak of $211.39, yet analysts’ average price target remains at $236.71, with the highest at $800. The optimism hinges on SpaceX’s AI growth potential beyond its core rocket and satellite businesses.
The company’s revenue grew 33% to $18.7 billion in 2025, but profitability vanished after expanding its AI segment. Starlink, its sole profitable division, now offsets losses from both space and AI operations, raising questions about long-term sustainability.
Wall Street’s bullish stance persists despite the unprofitability, as investors bet on AI-driven revenue streams. The stock’s current valuation reflects a mix of high expectations and operational challenges.