SpaceX strikes spectrum deal and Goldman targets SpaceX stock at USD 230
Published on 10/12/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- SpaceX struck a nationwide spectrum deal on October 9, 2026, expanding its wireless ambitions.
- Goldman Sachs raised its SpaceX target from USD 220 to USD 230 in a note dated October 6, 2026.
- The stock was at EUR 146.29 at Lang & Schwarz on October 12, 2026, or plus 0.27 percent versus the Xetra close.
- SpaceX reported plans for a 1 TW Terafab and more than 500 Starship sensors in 2026 updates.
SpaceX (ISIN US84615Q1031) was trading at EUR 146.29 at Lang & Schwarz on October 12, 2026 at 11:18 a.m. CEST. The company struck a nationwide low-band spectrum deal on October 9, 2026, while Goldman Sachs raised its target from USD 220 to USD 230 in a note dated October 6, 2026, according to CNBC.
Wireless expansion meets valuation debate
The spectrum transaction adds a communications angle to SpaceX's launch, satellite internet and computing strategy. A September 15, 2026 update from SpaceX described Starship's move toward orbital missions and said more than 500 physical sensors are installed on the vehicle.
The Goldman target increase gives the market a concrete valuation marker, but it does not remove execution risk. CNBC reported that the stock had traded as low as USD 104.83 in early August and reached an all-time high of USD 225.64 on June 16, 2026, leaving the USD 230 target USD 4.36 above that recorded high.
What does the target increase change?
The target move is a USD 10.00 increase, or 4.55 percent versus USD 220.00. Goldman also reiterated its buy rating, while the report noted that SpaceX remains speculative because its expansion requires substantial investment in Starlink, reusable rockets and computing capacity.
Three dated steps toward scale
On February 2, 2026, SpaceX described a future constellation of 1 million satellites for orbital data centers. On August 6, 2026, its Terafab update cited expected combined SpaceX and Tesla compute demand above 1 terawatt and planned manufacturing space exceeding 100 million square feet. On September 15, 2026, the company detailed Starship's orbital transition and its more than 500 onboard sensors.
Next scheduled company date
TradingView lists November 5, 2026, as SpaceX's next earnings date for the third quarter of 2026. The same listing gives expected quarterly revenue of USD 12.86 billion and expected earnings per share of USD 0.14, figures that remain estimates rather than reported results.
Stock stays close to its reference level
At Lang & Schwarz, SpaceX was trading at EUR 146.29 on October 12, 2026 at 11:18 a.m. CEST, up EUR 0.39 or plus 0.27 percent versus the Xetra close of EUR 145.90 on October 9, 2026. The euro quote remains below the primary-market high of USD 225.64, which is a separate currency reference and is not used to calculate the daily move.
The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.
SpaceX stock facts
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- WKN: A42D4F
- Ticker: SPCX
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 12, 2026, 11:18 a.m. CEST: EUR 146.29
- Change versus Xetra close: plus 0.27 percent
- Xetra close October 9, 2026: EUR 145.90
- Market capitalization: USD 2.1 trillion (as of October 9, 2026)
- 52-week range: USD 104.83-225.64
- Sector / Industry: Communication Services / Specialized Communication Services
- Index membership: NASDAQ Composite, NASDAQ 100
- Next earnings date: November 5, 2026
Market context: Market report Nasdaq Composite.
