Top Analyst Predicts Strong Rally for SpaceX Stock Price

An analyst from Wedbush, Dan Ives, predicts that the price of the SpaceX stock will rally to $190, saying that the company’s three segments: Space, Starlink and xAI will grow significantly to support these gains.

Ives’ bullish outlook on SpaceX comes after SPCX stock gained by 7% in five trading days to close trading at $162 on July 2.

Analyst Assigns SPCX Outperform Rating, Eyes 17% Upside

Analyst Ives says that the price of SPCX will gain by 17% to $190, adding that these gains will come from SpaceX’s unique structure, where the company gets its revenues from its three segments: rockets, Starlink and AI.

Ives added that Starlink is the main segment that will drive the profits for this company as it continues to increase its share in the global telecom market.

When SpaceX filed its IPO with the SEC, it revealed that Starlink generated revenue of $11.4 billion in 2025, and this was 61% of the total revenue of $18.7 billion that SpaceX generated in 2025.

A recent CoinGape SpaceX price analysis also observed that the SPCX stock price could gain by 20% to reach $195 if it can clear the obstacle at $165.

These bullish views around this stock come ahead of the anticipated addition of the SpaceX stock to the Nasdaq 100 index on July 7.

SpaceX Stock Outlook as Bullish Trends Return

The price of SpaceX stock moved above the support of $155 on July 2, after buying pressure returned.

The RSI reading of 53 suggests that bulls are getting a good grip, and this could push the price to the July 1 high of $171.

The AO bars that have turned green also suggest that the bearish momentum is weakening, and this could create room for buyers to return and push the stock to $171.

However, the recent warning by the Bank of America that investors are rotating out of US equities could weigh on the price of SpaceX.

If sell-side pressure on SpaceX increases as investors flee US equities, the price of SpaceX stock could move below the support of $155.

SpaceX Bond Sale Faces Scrutiny, Sparking Bearish Concerns

The one-hour chart for SPCX stock price might suggest that bulls are getting a good grip, but underneath that technical outlook are emerging concerns that the recent bond sale by SpaceX performed poorly.

Invesco, which manages $2.5 trillion in assets under management, noted that the SpaceX bond issuance that raised $90 billion was either poorly underwritten or had weak demand because these bonds weakened shortly after launch.

These bonds have recorded a paper loss of $305 million because there is no demand in the secondary market, and Invesco now says that investors will continue to reduce their exposure to these bonds, causing the unrealized losses to increase.