Analyst Sees SpaceX at $175 in 1 Year as Stock Sits 35% Below Peak
Updated
Updated · Yahoo Finance · Aug 18
Analyst Sees SpaceX at $175 in 1 Year as Stock Sits 35% Below Peak
2 articles · Updated · Yahoo Finance · Aug 18
Summary
$146 trading price on Monday leaves SpaceX about 35% below its $225.64 post-IPO peak and under its June 12 opening level after shares fell as low as $104.83.
The analyst still projects the stock at $175 a year from now, arguing SpaceX has long-term upside across space transportation, Starlink connectivity and AI infrastructure despite a valuation that could cap near-term gains.
Space transportation underpins that case: SpaceX says it holds roughly 90% of the global commercial launch market, sending about 2,500 tons of payloads to orbit annually in a $370 billion market.
Starlink and AI make up the bigger opportunity, with 10,200-plus satellites serving 12 million paying customers and V3 satellites due later this year, while xAI and data-center assets support computing deals with Anthropic, Alphabet and Reflection AI.
Altogether, the report frames a $28.5 trillion addressable market and cites Elon Musk's view that SpaceX could reach $1 trillion in annual revenue by 2030.