SpaceX Stock Could Reach $220 by June 2027

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โดย The Motley Fool·US·Read original
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SpaceX stock could reach roughly $220 by June 2027, representing about 50.5% upside from its August 12 closing price, according to an analysis by The Motley Fool. The company's second-quarter revenue surged 92% year over year to $7.8 billion, while adjusted EBITDA rose 191% to $3.5 billion. Analysts now expect SpaceX to generate roughly $102 billion in revenue in 2027, up from about $72 billion at the end of July 2026. The connectivity segment, which includes Starlink, generated $4.3 billion in revenue and $1.7 billion in operating income in the second quarter, with Starlink subscribers doubling year over year to 12 million. SpaceX's AI business grew even faster, with revenue rising almost 247% year over year to $2.6 billion, though it posted a $1.3 billion operating loss and the company spent $15.8 billion on AI capital expenditures in the quarter. Analysts at Goldman Sachs and Morgan Stanley project SpaceX could generate around $160 billion in revenue and $110 billion in adjusted EBITDA in 2028. Assuming 13.7 billion shares outstanding at the end of June 2027 and an 18.9 times expected 2027 sales multiple, SpaceX's market value would reach about $3 trillion, implying a stock price of roughly $220. The biggest risk is SpaceX's enormous capital spending, which reached $18.4 billion in the second quarter, more than twice its revenue.

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