SpaceX Slides to $140 as Analyst Targets Hit $800 Peak

SpaceX (SPCX.OQ) closed at $140.42 on July 13 after sliding from the $148-$150 range, even as Wall Street maintained aggressive bullishness. Raymond James set the Street-high $800 target on July 8, implying over 435% upside and a potential $10 trillion valuation, while the consensus among 35 analysts reached $239. The rally in targets began with RBC's $225 initiation on July 7 amid merger speculation, followed by Musk's July 10 claim that SpaceX could exceed Earth's total value. Revenue projections scale from $39 billion in 2026 to over $630 billion by 2031, tempered by $150 billion in financing needs and execution risks.