Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound.

Goldman Sachs, Morgan Stanley, and UBS initiate SpaceX coverage with Buy ratings and price targets up to $300 after the company's $75B IPO in June 2026.

Morgan Stanley gives Elon Musk’s AI and rocket stock $300 price target as quiet period ends following record IPO