XSPCOne more lap around the launch pad
Wedbush is back with a loud SpaceX take, and this one lands as Dan Ives’ final major call at the firm. The message is pretty simple: the bull case for SpaceX is still alive and kicking, with Wedbush keeping an Outperform-style stance and a $190 price target on the table.
Why this matters
For a company like SpaceX, analyst calls aren’t just window dressing. They help shape the story around valuation, sentiment, and how investors think about the company’s long runway in rockets, satellites, and the whole “private-market-but-also-cult-favorite” thing.
- A bullish call can keep the hype machine humming.
- A detailed price target gives investors a fresh anchor for what the company is supposedly worth.
- And when it comes from Dan Ives, the market tends to at least listen before rolling its eyes.
Big picture
This isn’t an earnings print or a product launch, so don’t expect a fireworks show on fundamentals. But in a market that still loves a good narrative, a fresh Wedbush shoutout can be enough to keep SpaceX glued to the front page. Big picture: sometimes the stock story is the product.