Space Exploration picked up 15 new analyst ratings on July 7, and the batch landed with a wide spread: an average price target of about $250, but one forecast calling for $800 over the next 12 to 18 months. That split matters because the stock closed at $148.30 a share on July 8, far below both targets and still near the lower end of its post-IPO trading range.
For Jack Delaney, who says he holds no position in any of the stocks mentioned, the fresh numbers are less a verdict than a reminder of how differently Wall Street can read the same company. At the July 8 close, a $5,000 investment would buy more than 33 shares, and if the stock reached the average $250 target by January 2028, that stake would be worth $8,427, a gain of 68.5%.
That math is why people keep searching for Space Exploration now. Since its initial public offering on June 12, the stock has traded as low as $145.20 and as high as $225.64, a range that leaves even the average target looking like a meaningful step up while still making the $800 call look detached from the rest of the pack. The estimate is not a guarantee; it is a bet on how far the company can push its business beyond the market that exists today.
Space Exploration management says that market could be vast. It puts its total addressable market at $28.5 trillion, including $26.5 trillion tied to AI, and it is planning to deploy a huge constellation of satellites housing data center servers. The company also had $12.7 billion in AI capital expenditures in 2025 and reported a net loss of $4.9 billion for that year, which is why the story is not just about where the stock might trade, but about how much capital the plan will consume before any payoff shows up.
That is the friction inside the ratings. A $250 target implies upside from July 8, but it still assumes a climb that must be financed and sustained through a costly buildout. The lone $800 forecast points to a far more aggressive outcome, yet the numbers already on the table show a company that has lost billions while talking about a market measured in the tens of trillions. The next test is whether the stock can move toward the average target over the coming 12 to 18 months, or whether the spread between the estimates proves wider than the business itself can justify.
