SpaceX Stock Holds Near $145 as Analysts Eye $220 Year-End Target

SpaceX shares (SPCX.OQ) stabilized near $145 by July 13 after erasing nearly all post-IPO gains from the $225.64 June peak. The stock opened at $150 following its June 12 IPO priced at $135 and briefly approached $3 trillion in market value before sliding on valuation concerns and lock-up supply pressure. After Nasdaq-100 inclusion on July 7 ended the quiet period, Wall Street coverage produced a wide target range of $131-$800 with a median near $250. Despite optimism around Starlink, Starship, and AI infrastructure deals, the shares trade at roughly 112x 2025 sales of $18.7 billion, leaving early investors near breakeven. Latest commentary highlights historical IPO patterns and potential recovery to $220 by year-end if execution improves.