XSPC
Another bullish SpaceX take
Dan Ives is back with the kind of call that makes bulls grin and skeptics squint: he says SpaceX is worth $190. That’s not exactly a subtle message. It’s basically the valuation equivalent of saying, “Yeah, this rocket still has fuel.”
Why this matters
For a private-market name like SpaceX, a fresh price target can matter almost as much as an earnings beat for a public company. It helps shape sentiment around where investors think the company could eventually land, especially when people are already trying to handicap growth from Starlink, launches, and the broader Musk universe.
The vibe check
A call like this doesn’t change the business overnight, but it does give bulls a new talking point:
- It reinforces the idea that SpaceX still has a lot of long-term upside baked into its story
- It can support secondary-market enthusiasm if investors believe the valuation keeps climbing
- It keeps SpaceX right in the middle of the AI-space-tech-mega-cap hype machine
Big picture: when a name already has moonshot energy, a bullish analyst call is basically jet fuel for the narrative.