{"id":678574,"date":"2026-07-07T13:38:09","date_gmt":"2026-07-07T13:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/678574\/"},"modified":"2026-07-07T13:38:09","modified_gmt":"2026-07-07T13:38:09","slug":"one-spacex-analyst-sees-musks-space-company-quintupling-to-800","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/678574\/","title":{"rendered":"One SpaceX analyst sees Musk&#8217;s space company quintupling to $800"},"content":{"rendered":"<p>Space Exploration Technologies &#8216; Starship launch technology is likely to serve as critical infrastructure for a resurgence in space exploration, leading its shares to potentially quintuple, according to Raymond James. The investment firm initiated coverage of the space company at a strong buy. It also put an $800 price target on shares, implying 399% upside from Monday&#8217;s close. Raymond James served as one of several underwriters for the SpaceX IPO, alongside lead bookrunner Goldman Sachs, Morgan Stanley and other major banks. &#8220;We see the company as one of the defining industrial infrastructure companies of the 21st Century,&#8221; analyst Brian Gesuale said Tuesday in a note to clients. &#8220;The premise of our thesis is that Starship successfully industrializes orbital transportation, transforming orbital launch from a bespoke aerospace capability into a transportation network defined by commercial aviation-like operating cadence and continuously declining unit costs.&#8221; Starship, a launch vehicle developed by SpaceX to transport more than 100 metric tonnes into orbit, could help SpaceX tap a roughly $30 trillion total addressable market, the analyst added. &#8220;Just as railroads, electric grids, and the Internet reshaped prior economic eras, we believe SpaceX is building the foundational platform for the next generation of industrial capacity,&#8221; Gesuale wrote. Beyond transportation, SpaceX could also gain ground with artificial intelligence-powered products and services, according to Raymond James. The company could commercialize a low-cost infrastructure platform that would convert electricity into useful, AI-driven insights, per the bank&#8217;s note. &#8220;As AI scales, the binding constraints increasingly shift toward the physical systems required to produce intelligence at scale,&#8221; Gesuale wrote. &#8220;We believe SpaceX is building the lowest-cost platform for converting electricity into useful intelligence.&#8221; Raymond James&#8217; call falls in line with consensus on the Street. As of early Tuesday, two-thirds of analysts covering SpaceX had a buy or strong buy on the stock, LSEG data shows. The call comes at the end of a mandatory 25-day quiet period for underwriters of the SpaceX IPO. Following its expiration, a flurry of reports from the IPO&#8217;s underwriters flooded Wall Street, with most analysts putting price targets between $200 and $250 on shares.\u00a0SpaceX shares closed Monday at $160.42, which is around the level it hit at the end of its first trading day.<\/p>\n","protected":false},"excerpt":{"rendered":"Space Exploration Technologies &#8216; Starship launch technology is likely to serve as critical infrastructure for a resurgence in&hellip;\n","protected":false},"author":2,"featured_media":678575,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[273,4948,90,416,12990,4118,56,54,55],"class_list":["post-678574","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-business-news","tag-investment-strategy","tag-science","tag-space","tag-space-exploration-technologies-corp","tag-stock-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/678574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=678574"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/678574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/678575"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=678574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=678574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=678574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}