Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
SpaceX Price Prediction (June 2026): What Do Experts Think Happens Next?
Ruby Layram
25th Jun 2026
SpaceX has been one of the biggest investing stories of 2026.
After years of speculation, Elon Musk’s space and satellite giant finally went public on 12 June in what became the largest IPO in history. Shares quickly surged after listing, pushing the company’s valuation above $2 trillion at one point and making it one of the most valuable companies in the world.
But since then, the stock has experienced significant volatility.
So where could SpaceX shares go next?
In this guide, I’ll break down the latest analyst forecasts, explain what is driving the stock price, and discuss whether SpaceX looks attractive for long-term investors.
SpaceX Share Price Performance So Far
SpaceX debuted on Nasdaq under the ticker SPCX at an IPO price of $135 per share.
Investor enthusiasm was enormous.
Within days of listing, the stock climbed to an intraday high above $225 before pulling back as wider technology stocks came under pressure. More recently, the shares have fallen roughly 30% from their post-IPO highs amid concerns about valuations and a broader sell-off across growth stocks.
This type of volatility is not unusual for a high-profile IPO.
Historically, many of the biggest technology listings experience large price swings as investors attempt to determine a fair valuation.
What Are Analysts Predicting?
One reason SpaceX has become such a fascinating stock is that analyst estimates vary dramatically.
According to analysis published following the IPO, Wall Street’s consensus 12-month target sits around $164 per share. However, forecasts range from significantly lower valuations to highly optimistic scenarios.
Perhaps the most notable estimate comes from Morningstar.
The investment research firm valued SpaceX at approximately $780 billion ahead of the IPO, less than half the valuation the company sought during its public listing process. Morningstar argued that investors may be placing too much value on future growth opportunities, particularly within the company’s AI division.
On the other hand, bullish investors believe SpaceX’s dominance in satellite internet, reusable rockets and future space infrastructure could justify much higher valuations over time.
The reality is that SpaceX is one of the hardest companies in the world to value because so much of its future potential depends on projects that are still in development.
Why Are Investors So Excited About SpaceX?
Three major growth engines continue to drive the investment case.
1. Starlink
Many analysts view Starlink as the crown jewel of the business.
The satellite internet division has become a major revenue generator and is already producing meaningful profits. With millions of customers globally and continued expansion into underserved regions, Starlink remains one of the key reasons investors are willing to pay a premium valuation.
2. Space Launches
SpaceX remains the dominant force in commercial rocket launches.
Its Falcon programme continues to lower launch costs while the development of Starship could eventually transform the economics of space travel and satellite deployment. If successful, Starship could unlock entirely new revenue opportunities.
3. Artificial Intelligence
Following the integration of xAI into the wider SpaceX group, investors are increasingly viewing the company as both a space business and an AI business.
This has attracted substantial interest from growth investors, although it has also introduced new risks given the significant costs associated with AI development.
Why Some Analysts Are Cautious
While the growth story is compelling, there are legitimate concerns.
First, the valuation remains extremely demanding.
Even after the recent pullback, some analysts argue the stock still assumes years of exceptional growth are already reflected in the share price. Morningstar’s valuation estimate remains significantly below where the market is currently trading.
Second, profitability remains a challenge.
While Starlink is profitable, heavy spending on AI infrastructure and future space projects continues to weigh on overall earnings. Investors are effectively betting that today’s investment spending will generate substantial profits in the future.
Finally, there is the question of IPO enthusiasm.
History shows that some of the most exciting IPOs can experience sharp corrections once the initial excitement fades and investors focus on fundamentals.
My SpaceX Price Prediction for June 2026
Personally, I think the most likely outcome is continued volatility.
The stock appears caught between two competing narratives.
On one side, you have investors who see SpaceX as one of the most important companies of the 21st century, with leadership positions in space technology, satellite internet and artificial intelligence.
On the other side, you have investors who believe the valuation already reflects much of that future success.
Over the short term, I wouldn’t be surprised to see further swings as the market digests the company’s first earnings reports and analysts publish more detailed coverage.
For long-term investors, however, the key question isn’t whether SpaceX rises or falls next month.
It’s whether the company can continue executing on Starlink, Starship and AI over the next decade.
If it can, today’s valuation may eventually look reasonable.
If growth disappoints, the shares could face additional pressure.
Is SpaceX a Good Investment Right Now?
For aggressive growth investors, SpaceX is certainly one of the most exciting companies available on public markets.
Few businesses possess its combination of:
- Market leadership
- Technological innovation
- Long-term growth potential
- Global brand recognition
However, investors should also recognise that this excitement comes with substantial risk.
The stock is highly volatile, the valuation remains controversial, and the business is still investing heavily for future growth.
Personally, I view SpaceX as a company with enormous long-term potential, but one that may continue to experience significant price swings as investors debate how much that future is worth today.
As always, diversification remains important. No matter how exciting a company appears, it’s rarely wise to build a portfolio around a single stock.
MoneyMagpie is not a financial adviser. This article is for educational purposes only and should not be considered financial advice. Investments can fall as well as rise in value, and you may get back less than you invest.
Leave a Reply