SpaceX (SPCX) Stock: Starship Is Taking Over and Wall Street Sees 50% Upside

TLDR

• SpaceX completed its 80th Starlink launch of 2026 on Sunday, sending 27 satellites to low-Earth orbit from Vandenberg Space Force Base.
• The company is phasing out Falcon 9 in favor of Starship, with Florida Starlink launches now exclusively on Starship going forward.
• SpaceX reported Q2 revenue of $7.81 billion, up 92% year over year, with EPS of -$0.09, beating analyst estimates of -$0.26.
• K5 Global Advisor LLC took a new $6.59 billion position in SPCX, making it the firm’s sole reported holding.
• The stock closed at $147.95 Friday, with a consensus analyst price target of $221.20 and a “Moderate Buy” rating.

SpaceX completed its 80th Starlink launch of 2026 on Sunday, deploying 27 satellites to low-Earth orbit from Vandenberg Space Force Base in California. The Falcon 9 booster carried out the mission as the company inches closer to a major transition in how it sends satellites to space.

SPCX stock closed at $147.95 on Friday, up 3% for the week. The stock has a 1-year range of $104.83 to $225.64.

… Continue reading the full article at the original source below.