SpaceX already below its $150 IPO price, but analyst targets run from $115 all the way to $800?
u/KumoPaper ·
Reddit — r/smallstreetbets
· July 08, 2026 at 08:12
· ⬆ 15 pts
· 💬 12 comments
| View on Reddit ↗
No analysis available.
Score15
Comments12
Upvote %82%
▶ Full Post Text
So SpaceX opened trading at $150 and it's already slipped under that. Meanwhile the analyst targets are all over the map. Raymond James slapped an $800 on it, Morgan Stanley sits at $300, and then CFRA is way down at $115. That's not a spread, that's a coin flip.
What gets me is it got added to the Nasdaq-100 less than a month after debut. JPMorgan figured around $4.3B in passive inflows from that index add. Usually that kind of forced buying props a name up, but here it's still bleeding red.
Pulled the chart on moomoo and honestly the drop reads less like panic and more like people realizing the good news was already priced in. Starlink, launch services, the AI cloud angle, everyone's betting on perfection at once.
idk, when your bull case is $800 and your bear case is $115, nobody actually has a clue. Am I wrong for wanting to see one real quarter of numbers before touching this?[More<<](https://www.moomoo.com/news/post/72611407?global_content=%7B"promote_content":"11067213","promote_id":20795,"promote_type":43,"sub_promote_id":1%7D)