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SpaceX Stock Just Received Its Highest Price Target Yet. Here’s What a $10,000 Investment Would Be Worth if This Insanely Bullish Wall Street Analyst Is Right.

SpaceX Stock Just Received Its Highest Price Target Yet. Here’s What a $10,000 Investment Would Be Worth if This Insanely Bullish Wall Street Analyst Is Right.

Several Wall Street analysts initiated coverage and set price targets for Space Exploration Technologies (SPCX 4.51%) before the company even went public. But now many on the Street are getting in on the action.

Recently, 15 new analysts initiated coverage on SpaceX, providing their initial ratings and price targets. While there are a variety of opinions on the Street, no one is more bullish than Raymond James.

Analyst Brian Gesuale just gave SpaceX stock its biggest price target yet, and it’s not even close. Here’s what a $10,000 investment in SpaceX would be worth if Gesuale ends up being right.

SpaceX logo.

Image source: The Motley Fool.

The insanely bullish take

Twenty-seven Wall Street analysts have now issued price targets on SpaceX, and…

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