Research Firm Predicts SpaceX Shares to Soar Above $400, Citing Starship & AI Growth
SPCX sits 22% above its 52-week low of $149.34.
Summary
Arete Research projects SpaceX shares to more than double to over $400 by late 2027, implying a market cap exceeding $5.2 trillion. This highly bullish forecast, driven by Starship reusability, Starlink expansion, and AI infrastructure, follows SpaceX's recent IPO and significant stock volatility. While other firms have lower price targets, Arete anticipates a 63% compound revenue growth rate into 2030. Traders will watch Starship's proven reusability and the company's AI advancements to validate this aggressive long-term valuation.
At the time of this announcement, SPCX was trading at $181.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.4T. The 52-week trading range was $149.34 to $225.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: CNBC TV18.