Analysts Lift SpaceX Price Targets as Raymond James Sets Street-High $800 Forecast

Wall Street analysts remain predominantly bullish on SpaceX, lifting the consensus price target to $232, implying roughly 50% upside from its current price near $155. Sentiment is highlighted by Raymond James analyst Brian Gesuale's Street-high $800 target, which implies a $10 trillion market valuation based on Starship launch-cost cuts and orbital data centers. This follows Ark Invest founder Cathie Wood calling the stock a deep-value play after shares fell over 30% from their $225.64 peak. SpaceX's Q2 revenue surged 92% to $7.81 billion, while net losses narrowed to $541 million.