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Wire · operational-macro

Wall Street banks bullish on SpaceX despite stock slide

Published

5 August 2026

Topic

operational-macro

Sectors

Government & Space

Geography

United States

Source

Read at qz.com

Verified

Fusion42 · 5 August 2026 · Fusion42 review

Wall Street banks remain optimistic on SpaceX with price targets set above $200 despite its current stock trading near $150, supported by the company's strong launch record and growth ambitions tied to the Starship rocket.

This Wire brief sits within Fusion42's coverage of Government & Space.

◆ The Wire takeaway

Public investors have a new window to buy into SpaceX above recent price dips before Starship's success or delays crystallise its true value. Prepare for volatility around SpaceX's upcoming first earnings and the impact of insider share unlocks on market float.

Coverage

1 source · 5 Aug 2026

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Topics

Government & Spacespacexstock-pricewall-streetspace-transportationstarship