#SpaceXSharesRiseTo$140
The SpaceX stock (NASDAQ: SPCX) is currently trading at around $140.00 after a volatile recovery phase. Following the historical initial public offering in June 2026 at an offering price of $135, the share experienced extreme price swings. It briefly climbed to an all-time high of over $225, then fell in August to a low of $104.83, and has now stabilized again around the $140 mark.
Investing in highly volatile, newly listed tech giants always carries the risk of significant share-price losses. Financial fundamentals—such as having a solid emergency fund—should come before speculative stock purchases.
🔎 Drivers of the price around the $140 mark
The recent stabilization and the battle for $140 are being shaped by opposing impulses from the market:
Strong quarterly results: In the latest Q2 report, SpaceX exceeded expectations with a 92% revenue jump to $7.8 billion, driven by the profitable Starlink satellite network.
AI expansion & Cursor acquisition: The recent $60 billion acquisition of the AI startup Cursor has split opinions. While optimists celebrate the potential of Musk’s AI model Grok, critics fear the enormous costs.
Analyst disagreement: The US bank Morgan Stanley has a price target of $300 and considers the AI division undervalued. At the same time, Daiwa Capital Markets recently lowered its target to exactly $140 and downgraded the stock to “Neutral”. [, 2]
The SpaceX stock (NASDAQ: SPCX) is currently trading at around $140.00 after a volatile recovery phase. Following the historical initial public offering in June 2026 at an offering price of $135, the share experienced extreme price swings. It briefly climbed to an all-time high of over $225, then fell in August to a low of $104.83, and has now stabilized again around the $140 mark.
Investing in highly volatile, newly listed tech giants always carries the risk of significant share-price losses. Financial fundamentals—such as having a solid emergency fund—should come before speculative stock purchases.
🔎 Drivers of the price around the $140 mark
The recent stabilization and the battle for $140 are being shaped by opposing impulses from the market:
Strong quarterly results: In the latest Q2 report, SpaceX exceeded expectations with a 92% revenue jump to $7.8 billion, driven by the profitable Starlink satellite network.
AI expansion & Cursor acquisition: The recent $60 billion acquisition of the AI startup Cursor has split opinions. While optimists celebrate the potential of Musk’s AI model Grok, critics fear the enormous costs.
Analyst disagreement: The US bank Morgan Stanley has a price target of $300 and considers the AI division undervalued. At the same time, Daiwa Capital Markets recently lowered its target to exactly $140 and downgraded the stock to “Neutral”. [, 2]