Analyst action$SPCX6:57 AM ETdeveloping · v2

JPMorgan doubles SpaceX price target to $500, sees potential Tesla merger merit

By BORSA NewsroomPublished Oct 21, 2026, 6:57 AM EDTUpdated Oct 21, 2026, 6:58 AM EDT

JPMorgan raised its SpaceX price target from $240 to $500, maintaining Overweight. The bank forecasts $254 billion in 2027 revenue and 10 GW of computing capacity by year-end. It also sees strategic merit in a potential SpaceX–Tesla merger, though no deal is guaranteed.

Sentimentneutral 50

Neutral · 50 of 100

Impact40

low · stays off the top drivers

Confidence80%

high confidence · 2 wires

Eventdeveloping

v2 · alerted to followers

WHAT WE KNOW

JPMorgan raised SpaceX price target from $240 to $500