SPCX ▲ +7.8% - Space Exploration Technologies Corp. $SPCX - JPMORGAN DOUBLES SPACEX PRICE TARGET TO $500 JPMorgan raised its SpaceX price target from $240 to $500, maintaining an Overweight rating. The bank now forecasts $254 billion in 2027 revenue and 10 GW of computing capacity by year-end, more than doubling its 2027–2028 estimates. JPMorgan also sees strategic merit in a potential SpaceX–Tesla merger, though no deal is guaranteed. 21-OCT-2026 07:07 AM ET