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SpaceX Stock Soars Amid Analyst Hype | Durham News
SpaceX’s IPO rocketed from $135 to $225 in its first week, then surged again as analysts flooded the market with bullish ratings—six major banks gave “buy” calls, and the company landed on the Nasdaq-100, triggering $4.3 billion in passive buying. Morgan Stanley’s lead analyst set a base target of $300 (87% upside) and even a $600 bull case, valuing SpaceX as an AI infrastructure powerhouse and crediting the Cursor acquisition with $4 billion in ARR. Goldman Sachs offered a more conservative $205 target but still projected $352 billion in EBITDA by 2030. Raymond James went wild with an $800…
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