SpaceX stock: JPMorgan raises target to USD 500.00 for SpaceX stock
Published on 10/23/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and satellite expansion
- JPMorgan raised its SpaceX target from USD 240.00 to USD 500.00 on October 21, 2026.
- SpaceX said on October 8, 2026 that FCC approval covers 15,000 Starlink Mobile satellites.
- SpaceX stock costs EUR 129.78 at Lang & Schwarz on October 23, 2026 at 3:37 p.m. CEST, 10.22 percent below the Xetra close of October 21, 2026.
- The 52-week range was EUR 91.00 to EUR 194.40 as of October 22, 2026.
JPMorgan raised its 12-month price target for SpaceX from USD 240.00 to USD 500.00 on October 21, 2026, while keeping an Overweight rating, CNBC reported. SpaceX stock was trading at EUR 129.78 at Lang & Schwarz on October 23, 2026 at 3:37 p.m. CEST, down 10.22 percent versus the Xetra close of October 21, 2026 at EUR 144.56.
Starlink expansion adds scale
On October 8, 2026, SpaceX said the Federal Communications Commission had approved its next-generation Starlink Mobile constellation, authorizing 15,000 satellites optimized for 2 GHz spectrum. The company said the satellites are designed to deliver more than 100 times the bandwidth of its current generation.
The same update described a planned low-band spectrum strategy for mobile connectivity. SpaceX said it had agreed to acquire a nationwide portfolio of up to 14 megahertz of paired spectrum in the 800 MHz band, subject to final FCC approval.
Stock sits below its yearly high
The 52-week range stood at EUR 91.00 to EUR 194.40 as of October 22, 2026. At EUR 129.78, the stock was 33.24 percent below the high and 42.62 percent above the low. The year-to-date performance was 0.18 percent on the Xetra quote page.
Target leaves a wide valuation gap
JPMorgan's USD 500.00 target is more than twice its earlier USD 240.00 level. The bank said its thesis centers on artificial intelligence and expanding compute capacity, while the current euro quotation remains below the recent Xetra close.
SpaceX's market capitalization was listed at EUR 2.2 trillion as of October 22, 2026. The company is listed on Nasdaq under SPCX and operates launch services, Starlink connectivity and spacecraft programs.
Price and investor context
At EUR 129.78, SpaceX stock was trading 10.22 percent below the Xetra close of October 21, 2026 at EUR 144.56. The quote was intraday rather than a closing price, and the next move will be measured against the Xetra trading record used for this report.
The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.
SpaceX market data
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- Ticker: SPCX
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 3:37 p.m. CEST): EUR 129.78
- Change versus Xetra close: minus 10.22 percent
- Xetra close (October 21, 2026): EUR 144.56
- Market capitalization: EUR 2.2 trillion (as of October 22, 2026)
- 52-week range: EUR 91.00-194.40 (as of October 22, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
