OpenAI's ChatGPT has projected that SpaceX (NASDAQ: SPCX) stock could end Q4 2026 at approximately $210, near its post-IPO record high of $225.
Despite being frequently criticized for its stretched valuation, one major banking giant estimates that SpaceX (NASDAQ: SPCX) stock is not only ‘cheap' but is also getting ‘cheaper'.
After a significant slowdown in its September rally relative to the August rise, SpaceX (NASDAQ: SPCX) stock price shot up, and the equity is, in just five days, up another 15.55% to $171.09.
SpaceX shares rose almost 8% on Monday, lifting CEO Elon Musk back to trillionaire status. Last week, SpaceX successfully launched a crewed NASA mission, and separately sent Google's AI chips into orbit.
SpaceX's single close above $200 was on June 16, when shares settled at $211.39. Second-quarter revenue surged 92% year over year to $7.8 billion.
Elon Musk told SpaceX employees in August that AI revenue would overtake every other part of the business by September. The deadline has passed, and the numbers that will confirm or contradict him are weeks away from filing.
With its post-IPO consolidation behind it, SpaceX is positioned for a powerful rebound driven by a plethora of fresh catalysts.
SpaceX stock SPCX gained 6% on Friday after CEO Elon Musk said the company could reach a potentially significant milestone in powering Nvidia's artificial intelligence hardware. Musk said on X, formerly known as Twitter, that he was "cautiously optimistic" that SpaceX could run its version of Nvidia's VR72 system at close to 250 kilowatts of average power, with peak power potentially about 10% higher.
Investors interested in Wireless National stocks are likely familiar with Verizon Communications (VZ) and SpaceX (SPCX). But which of these two stocks offers value investors a better bang for their buck right now?
Despite Space Exploration Technologies Corp. (NASDAQ: SPCX) stock crashing by over 33%, from its post-IPO (initial public offering) peak of approximately $255 to trading at around $149.20 in Friday's pre-market, more than 30 Wall Street analysts expect a rally towards a new all-time high (ATH) by October 2, 2027.
After crashing 31.21% from $157.54 to $108.37 through July and soaring 32.59% to $143.69 in August, SpaceX (NASDAQ: SPCX) stock slowed down in September and, by the October 1 close, rose only another 3.05% to $148.07.
Anthropic's potential $2T IPO tests whether surging enterprise AI revenues can outrun huge infrastructure costs, losses and customer concentration.