SpaceX stock is extending its post-listing rally as Wall Street analysts pile on bullish ratings, with at least one strategist projecting a potential 400% surge in the share price.
The optimism comes as the aerospace giant settles into public trading following what has been described as the world’s largest initial public offering.
SpaceX shares have already surged 460% since the listing, which occurred on Tuesday.
The sharp repricing reflects growing conviction in the company's market position and growth trajectory.
According to reports from MarketWatch, the wave of buy ratings has intensified buying interest, pushing shares significantly higher.
The 400% upside prediction, while on the extreme end of analyst forecasts, underscores the aggressive growth expectations now being priced into the equity.
SpaceX shares have already surged 460% since the listing, which occurred on Tuesday.