Analysts project SpaceX stock could trade between $340 and $580 by 2030, with an average target price of $455, according to research published in August 2026. The forecast reflects bullish expectations for the company’s growth trajectory following its June 2026 initial public offering at $135 per share, which raised roughly $75 billion and valued SpaceX at approximately $1.75 trillion.
The 2030 price range represents substantial upside from current levels, driven by confidence in SpaceX’s ability to scale revenue across multiple business segments. Goldman Sachs projects SpaceX’s total revenue will reach $474 billion by 2030, up from $18.7 billion in 2025—a roughly 25-fold increase. That forecast is anchored partly by Goldman’s expectation that SpaceX’s AI division revenue will surge to $322 billion by 2030, up from $3.2 billion in 2025.
Elon Musk has outlined an even more aggressive vision, stating that SpaceX could reach $1 trillion in annual revenue by 2030. To achieve that target from 2025’s $18.7 billion baseline, SpaceX would need to sustain a compound annual revenue growth rate of 121.7% over the five-year period—a pace far above most Wall Street estimates but consistent with Musk’s historical ambitions for the company.
Starship commercialization is emerging as a critical catalyst for near-term growth. According to research from Hudson Labs, SpaceX is targeting first commercial Starship payloads to orbit in the second half of 2026. Starship represents SpaceX’s fully reusable next-generation heavy-lift rocket, and successful commercial deployment could unlock new revenue streams and expand the company’s addressable market for satellite deployment and point-to-point cargo services.
Analyst Coverage and Near-Term Targets
Wall Street’s near-term price targets tell a different story than the 2030 range. The consensus 12-month analyst price target stands around $216 to $239, suggesting roughly 60–77% upside from the IPO price. New Street Research initiated SpaceX coverage in June 2026 with a $165 target, 22% above the IPO price. By July, after additional analyst coverage emerged, the average price target from roughly 18 analysts had climbed, though several Wall Street firms remain cautious.
Morningstar initiated coverage with a sell rating and a $63 price target, expressing skepticism about the company’s valuation relative to near-term cash generation. Five-star analyst Glenn Thum set a $75 target in mid-August 2026, questioning the durability of SpaceX’s AI growth assumptions. These bearish outliers highlight the wide range of professional opinion: the highest analyst price target is $800, while the lowest is $75.
Starlink, SpaceX’s satellite internet constellation, continues to drive current profitability. The business boasts a 63% EBITDA margin and has grown to serve millions of subscribers globally. Morgan Stanley estimates Starlink alone will generate $48 billion in revenue by 2030, making it a substantial profit center even before accounting for Starship’s potential upside or the company’s nascent AI initiatives.
The disparity between Musk’s $1 trillion revenue target and Wall Street’s $330–$474 billion range underscores the uncertainty embedded in long-term projections. Much depends on whether Starship achieves reliable, cost-effective reusability; whether Starlink expands into new markets (aviation, maritime, direct-to-cell); and whether SpaceX’s AI data center business materializes at the scale Goldman Sachs envisions. The 2030 stock price range of $340–$580 sits roughly in the middle of these competing narratives—bullish enough to reward believers in Musk’s vision, yet cautious enough to reflect execution risk.
Sources
- Coinpedia — 2030 SpaceX stock price forecast of $340–$580 range with $455 average target (Aug 5, 2026)
- Goldman Sachs — Projection of $474 billion total revenue and $322 billion AI revenue by 2030 (Jun 4, 2026)
- Zacks — Confirmation of SpaceX IPO on June 12, 2026 at $135 per share, raising ~$75 billion (Jun 16, 2026)
- Yahoo Finance — Elon Musk’s statement on $1 trillion revenue target by 2030 (Aug 18, 2026)
- Hudson Labs — Starship commercial payload deployment targeting H2 2026 (Jul 8, 2026)
- Barron’s — New Street Research initiation with $165 price target and analyst consensus details (Jun 11, 2026)
- Motley Fool — Analyst price target consensus around $239 with 65% upside indication (Jul 13, 2026)
- The Street — Glenn Thum’s $75 price target and bearish AI growth assessment (Aug 17, 2026)
