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Wall Street Worried SpaceX Shares Would ‘Crash’ Friday. They’re up 21% Ever Since.
['Gerelyn Terzo']
24/7 Wall St.
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) went public in June 2026 and has been the talk of the town ever since.
Revenue jumped 92% year over year to $7.81 billion, the AI segment revenue skyrocketed by 247%, and Starlink subscribers doubled year-over-year to 12.0 million.
The Semi Analysis Thesis That Flipped SentimentThe bullish catalyst was a widely circulated Semi Analysis research note arguing Elon Musk’s gigawatt commentary on the earnings call was credible.
On the high side of the spectrum, Wall Street currently projects revenue of $148.69 billion in 2027.
Whether Semi Analysis is right about 10GW will likely decide if the post-unlock rally holds.