Amid the latest bullish alert for Space Exploration Technologies Corp. (NASDAQ: SPCX) stock, Wall Street analysts have signaled potential further upside for SpaceX over the next 12 months, as the company attempts to scale up its artificial intelligence (AI) infrastructure.

Over the past three days through October 8, 2026, four Wall Street analysts have issued their SpaceX stock price targets, as per data Finbold fetched from TipRanks.

Earlier on Thursday, Stephan Lignau, an analyst at Erste Group, initiated a ‘Hold’ rating for SPCX stock. On Wednesday, Adam Jonas, a Wall Street expert at Morgan Stanley (NYSE: MS), reiterated a ‘Buy’ rating for SpaceX and set a 12-month price target of $300.

During the day, Charles Minervino, a Wall Street analyst at Susquehanna, reaffirmed a ‘Hold’ rating for SPCX. However, he raised the firm’s 12-month price target to $173 from $144.

On October 6, Daniel Ives, an analyst at Yorkville Ives, initiated a SpaceX stock ‘Buy’ rating and set his 12-month price target at $225.

According to Ives, SpaceX has not yet confirmed the rumored $40 billion debt financing to scale up its AI data centers with Nvidia Corp. (NASDAQ: NVDA) products. However, Ives said that such a move could strengthen the company’s other lines of operations. 

“We view this as a smart strategic move for the SpaceX buildout because it fuels the flywheel between launch, Starlink, and AI: each business lowers the cost or expands the demand of the other two, and the AI segment is where the next leg of growth comes from as contracted cloud capacity converts into revenue,” Ives noted.

SpaceX stock price prediction

At the time of reporting, 34 Wall Street analysts surveyed by TipRanks over the past three months had issued a moderate ‘Buy’ rating for SpaceX stock for the next 12 months.

Additionally, these sampled experts had set an average 12-month price target for SPCX at $215.72.

SPCX stock price today 

After hitting a major resistance level around $171.66, SPCX stock price has retracted to $165.81 at the time of reporting,

As a result, the company had a market capitalization of about $2.2 trillion.

Even though SPCX stock price has struggled to rally above $172 since its pot capitulation on June 22 , Wall Street analysts expect a rally to its all-time high (ATH) over the next 12 months.

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