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SpaceX Stock Gets a Slew of Price Target Boosts After Bullish Earnings Call

The company’s revenue jumped 161% to $14.58 billion, while adjusted earnings beat estimates and its AI segment became the largest for the first time.

Summary by TESLARATI
Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading. SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which […]

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SpaceX's shares advanced 9.84% on Wednesday after the company exceeded third-quarter revenue and profit estimates. The rebound also reanimated other space companies, although the market still weighs the projected expenditure, a possible merger with Tesla and the unlocking of 1.3 billion shares.

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BITRSS broke the news on Wednesday, October 21, 2026.
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