Key Insights:

• SpaceX stock price concludes the week with a 2.16% drop.
• SpaceX stock could see further upside if the company achieves its $100B ARR target, which Deutsche Bank analyst Edison Yu says is “very achievable.”
• Analyst predicts a 2,000% plus SpaceX revenue growth

SpaceX stock (NASDAQ: SPCX) price just concluded the week in the red after previously kicking off August on a bullish leg, raising optimism about recovery. This was despite another successful launch of 27 new satellites, which failed to trigger substantial investor excitement.

For context, the SpaceX stock price cooled by 2.16% from its opening to closing price this past week.  The stock price hit a weekly high of $149.8 on Monday, and it fell as…