SPCX Stock Surges as Mizuho and Morgan Stanley Turn Bullish

Is SPCX stock currently experiencing a bullish phase? Two major Wall Street institutions answer in the affirmative following recent analyst updates. On September 25, Mizuho reaffirmed its buy rating and $200 price target on SpaceX, building on a prior Overweight recommendation from Morgan Stanley. Mizuho’s projection suggests roughly 35% upside potential, whereas Morgan Stanley’s $300 target—established in July—stands at approximately double the current valuation. At the close of that trading session, the SPCX stock price advanced 0.44% to settle at $148.68, leaving substantial room between current levels and both banks’ projected SpaceX stock price targets.

Also Read: SpaceX Stock Price Prediction: SPCX Eyes a Breakout Above $155

SPCX Stock: Bullish Outlook Builds on Morgan Stanley and Mizuho

Sentiment across Wall Street remains largely optimistic toward SPCX stock; according to Koyfin data, 28 out of the 35 analysts covering SpaceX issue a Buy rating, establishing a consensus SpaceX stock price target of $222.42.

Mizuho Sees Premium Compute Pricing Into 2027

Brett Linzey, analyst at Mizuho, maintained his $200 target while expressing confidence that SpaceX can sustain premium compute pricing through 2027. Additionally, an upcoming hosting agreement scheduled to commence on December 1 could generate approximately $1.11 billion on a monthly basis.

Mizuho’s assessment also highlighted recent Grok model iterations, noting that these software updates bring the system closer in capability to frontier competitors, further reinforcing the firm’s bullish stance on SPCX stock.

Elon Musk offered the following remarks:

“Our AI efforts are only 3 years old, vs 6 and 10 years old for Anthropic and OpenAI. If our second derivative remains strong, SpaceX will reach pole position in about 6 months.”

Musk further stated that he anticipates SpaceX AI performance to match Fable and GPT-6 levels within a span of two to three months, generating continued enthusiasm among traders who view SPCX stock bullishly.

Morgan Stanley Points To $300 And A $600 Bull Case

Adam Jonas oversees coverage for Morgan Stanley’s SPCX stock evaluation initiated in July, retaining both an Overweight rating and a $300 target alongside a $600 bull case scenario that would push SpaceX’s valuation toward $8 trillion. Long-term investors maintain their bullish outlook on SPCX stock largely due to the firm’s forecast projecting revenue growth toward $319 billion by the year 2030.

Adam Jonas shared this perspective:

“Our $600 bull case assumes faster execution across Starship, orbital compute, and Terafab, with AI more than 60% of valuation.”

SpaceX Shares Close At $148.68

On September 25, the SPCX stock price finished the day at $148.68—marking a 0.44% increase—after fluctuating within a daily range of $146.00 to $149.67. In after-hours action, the equity ticked up slightly to $148.75. Although trading above its $135 IPO price, the stock remains well beneath its 52-week peak of $225.64. Thursday also marked the expiration of lockup restrictions for roughly 328.4 million shares, and upcoming October tranches could pose a test for short-term bullish sentiment surrounding SPCX stock.

A portion of market participants temporarily stepped back from their bullish stance on SPCX stock when recent momentum cooled amid growing AI safety discussions, with SpaceX simultaneously preparing Starship Flight 14 as its next scheduled test on September 28.

For now, market participants tracking the bullish trajectory of SPCX stock are monitoring two primary figures: Mizuho’s nearer-term SpaceX stock price target of $200, and Morgan Stanley’s $300 benchmark maintained since July. Whether the SPCX stock price ultimately reaches these milestones—and whether any corresponding SpaceX stock price targets are revised—will largely depend on compute developments and the broader AI narrative heading into 2027.

?Frequently Asked Questions

01What are the price targets set by Mizuho and Morgan Stanley for SPCX?

Mizuho maintains a buy rating and a $200 price target on SpaceX. Meanwhile, Morgan Stanley holds an Overweight rating with a $300 price target, alongside a $600 bull case scenario.

02What was the closing price of SPCX on September 25?

The SPCX stock price closed up 0.44% at $148.68 on September 25, moving within a daily range of $146.00 to $149.67 before edging up to $148.75 in after-hours trading.

03What is the consensus Wall Street target for SpaceX stock?

According to Koyfin, 28 out of 35 analysts covering SpaceX rate it a Buy, generating a consensus SpaceX stock price target of $222.42.

04What upcoming events are noted for SpaceX?

Key events include a separate hosting agreement scheduled to begin on December 1 that could generate roughly $1.11 billion a month, and Starship Flight 14 targeted for September 28.