SpaceX Fair Value Rises to $222 as Analysts Debate AI and Starlink

AnalystM&A · PartnershipProduct / Tech Impact 4
โดย Simply Wall St·US·Read original
Summary · why it matters

SpaceX's fair value estimate has risen modestly from about US$213.50 to about US$222.32, reflecting a small reset in analysts' central case even as Street price targets range widely from US$75 to US$800. The adjustment comes amid bullish takes from Oppenheimer, UBS, Goldman Sachs, and Macquarie, which highlight SpaceX as a vertically integrated AI and space platform, while bearish firms like CFRA and HSBC flag valuation risks and execution challenges. Recent developments include a US$100 billion Starbase Louisiana spaceport project with construction targeted for 2027, the closing of a US$60 billion all-stock acquisition of AI coding startup Cursor, and an AI-focused partnership with Nvidia to build an orbital data center network. The revenue growth assumption in the model has shifted from about 117.91% to about 115.09%, profit margin from about 29.56% to about 30.03%, and the future P/E multiple from about 60.32x to about 64.30x, while the discount rate remains effectively unchanged at about 7.24%.

Impact on stocks 7

Financials▲ · 5 stocks
Space Economy▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

Partnership with SpaceX to build orbital data center network could drive AI demand

Theme Impact 7

Off-coverage companies 3

CursorPrivate▲ Positive
Capitalrelevance

Acquired by SpaceX in $60B all-stock deal, providing valuation and strategic backing

CFRAPrivate± Mixed
relevance

Macquarie Group LimitedPrivate± Mixed
relevance

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