SpaceX rises as analysts lift targets; Musk says $1 trillion revenue is possible
Key points
- Analysts raised SpaceX stock targets, according to Investor's Business Daily.
- Musk said a $1 trillion revenue target is "not impossible."
According to Investor's Business Daily, SpaceX shares rose after analysts increased their stock price targets. The report says Elon Musk also addressed the company’s long-term revenue outlook, saying a $1 trillion revenue target is "not impossible." The article links the stock move to the higher analyst targets and Musk’s comments, but does not provide further details in the preview text.
Original reporting
This page summarizes reporting by Investor's Business Daily, originally published October 21, 2026 at 1:53 PM under the headline "SpaceX Spikes As Analysts Hike Stock Targets. $1T Revenue Target 'Not Impossible,' Musk Says". All rights to the original article belong to Investor's Business Daily.
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