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J.P. Morgan raised SpaceX's target price from $240 to $500, maintaining an increase rating. The bank currently predicts that SpaceX's revenue in 2027 will reach 254 billion US dollars, and the computing power scale will reach 10 gigawatts by the end of the year. The performance estimate for 2027-2028 is more than double that of the previous one. J.P. Morgan also believes that the potential merger between SpaceX and Tesla has strategic value, but this deal is not a foregone conclusion.
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J.P. Morgan raised SpaceX's target price from $240 to $500, maintaining an increase rating. The bank currently predicts that SpaceX's revenue in 2027 will reach 254 billion US dollars, and the computing power scale will reach 10 gigawatts by the end of the year. The performance estimate for 2027-2028 is more than double that of the previous one. J.P. Morgan also believes that the potential merger between SpaceX and Tesla has strategic value, but this deal is not a foregone conclusion.
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