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SpaceX’s $800 Price Target Explained | Raleigh News
SpaceX stock is down 50% from its IPO peak, but Raymond James remains wildly bullish, setting an $800 price target that could make it the most valuable company ever — outpacing even Apple and Nvidia. Their confidence stems from Starship’s 13th test flight, where the ship survived splashdown, deployed Starlink satellites, tested its heatshield, and relit an engine in space — all critical steps toward reusability. CFO Bret Johnsen insists rocket reuse is the core of SpaceX’s strategy, aiming for a 10x cost drop over Falcon rockets. The next big hurdle? Catching Starship with the tower for full…
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