SpaceX vs. Apple: Wall Street Sees Strong Upside for One of These Stocks and Remains Neutral On the Other

Wall Street analysts are sharply divided in their outlooks for mega-cap tech giants SpaceX and Apple, seeing massive potential upside for Elon Musk's newly public aerospace firm while taking a neutral stance on the consumer hardware maker. SpaceX, which completed a record initial public offering raising nearly $86 billion and boasts a market cap above $2 trillion, is targeting a $100 billion revenue run rate by year's end and $120 billion to $130 billion in the following year across its launch, Starlink satellite broadband, and artificial intelligence divisions. According to TipRanks data, 26 out of 35 analysts rate SpaceX as a buy, with an average price target of $228 implying approximately 51% upside. Oppenheimer notably holds an outperform rating with a $280 price target, citing vertical integration and strategic AI additions such as the Cursor acquisition. Conversely, Apple's $4.7 trillion valuation faces analyst skepticism, with an average target of $336 offering only 5% upside amid leadership transitions, high hardware pricing, and input cost pressures.