JPMorgan raises SpaceX price target to $500 from $240, sees 10 GW AI compute by end-2027

JPMorgan raised its December 2027 price target on SpaceX (SPCX) from $240 to $500 following Q3 2026 earnings, maintaining its Overweight rating. The firm says it is "pulling forward more than another year in our model" as its 2027-2028 estimates more than double, and expects SpaceX to reach 10 GW of AI compute by end-2027, supporting roughly $400 billion in annual recurring revenue.

Detected & updated continuously · Source: Nebula