Svmuu News: With the end of the 25-day quiet period following SpaceX’s (SPCX) June IPO, Wall Street analysts have begun releasing formal research reports, and several major brokerage firms have issued positive ratings, indicating that institutional investors remain optimistic about the company’s long-term growth potential.
As IPO underwriters, Goldman Sachs, and Morgan Stanley have all assigned SpaceX a “Buy” or equivalent rating. Among them, Goldman Sachs analyst Eric Sheridan set a price target of $205, while Morgan Stanley analyst Adam Jonas set a price target of $300.In addition, institutions such as Bank of America, Citigroup, Deutsche Bank, JPMorgan Chase, and UBS also initiated coverage today, assigning “Buy” or equivalent ratings. Among them, Raymond James Financial offered the most optimistic forecast: analyst Brian Gesuale initiated coverage of SpaceX with a “Strong Buy” rating,with a target price as high as $800, stating that SpaceX will become “one of the most iconic industrial infrastructure companies of the 21st century.”
According to the analysis, the market’s optimism toward SpaceX is primarily based on its strategic positioning in rocket launches, Starlink satellite internet, and government contracts. At the same time, the company’s communications business provides a sustainable source of revenue and supports future expansion of launch capacity.
As of March 31, 2026, SpaceX held 18,712 “Bitcoin.”Wall Street believes that the wave of coverage following the end of the IPO quiet period has provided institutional investors with their first opportunity to systematically assess SpaceX’s valuation, and the fact that nearly all major institutions have simultaneously issued positive ratings is relatively rare for a large-scale IPO. (CoinDesk)