Analysts expect SpaceX stock to reach $220 by June 2027, based on its strong Q2 performance and future revenue projections.
Analysts expect SpaceX's stock price to reach $220 by June 2027, based on its strong Q2 performance and future revenue projections. SpaceX's Q2 revenue grew 92% year-over-year to $7.8 billion, with adjusted EBITDA increasing 191% to $3.5 billion. Analysts from Goldman Sachs and Morgan Stanley project SpaceX's revenue to reach approximately $102 billion in 2027 and further increase to about $160 billion in 2028. Within this, Starlink's subscriber base doubled to 12 million, while the artificial intelligence (AI) business revenue grew nearly 247% to $2.6 billion, despite the division still operating at a loss and incurring significant capital expenditures.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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