POPA ReconThe reported JPMorgan call on SpaceX ($SPCX) is a price target raise from $240 to $500 with an Overweight rating, described as roughly doubling, up 108%, and implying about 209% upside in one version (DeItaone, herbertong, Polymarket, WatcherGuru). The summaries tie it to the Oct 20 Q3 beat of $14.6B revenue, up 161% y/y with $7.56B AI revenue (SpaceX). They say the new JPMorgan model has $254B in 2027 revenue and 10 GW of compute by year end, more than double its 2027 to 2028 estimates (DeItaone). One comparison notes management guided high confidence for 13 GW by end of 2027, so JPMorgan remains below company target (herbertong). They also say JPMorgan sees strategic merit in a possible SpaceX Tesla merger with no deal guaranteed. The original JPMorgan note itself was not posted in these threads, so treat the $500 figure as attributed via trading desks and aggregators rather than verified from JPMorgan directly.
The reported JPMorgan call on SpaceX ($SPCX) is a price target raise from $240 to $500 with an Overweight rating, described as roughly doubling, up 108%, and implying about 209% upside in one version (DeItaone, herbertong, Polymarket, WatcherGuru). The summaries tie it to the Oct 20 Q3 beat of $14.6B revenue, up 161% y/y with $7.56B AI revenue (SpaceX). They say the new JPMorgan model has $254B in 2027 revenue and 10 GW of compute by year end, more than double its 2027 to 2028 estimates (DeItaone). One comparison notes management guided high confidence for 13 GW by end of 2027, so JPMorgan remains below company target (herbertong). They also say JPMorgan sees strategic merit in a possible SpaceX Tesla merger with no deal guaranteed. The original JPMorgan note itself was not posted in these threads, so treat the $500 figure as attributed via trading desks and aggregators rather than verified from JPMorgan directly.
$SPCX