SpaceX Stock Climbs Back Above Its $135 IPO Price -- Here's Where It Could Trade by August 2027

SpaceX (SPCX) shares closed at $146.15 on August 12, 2026, pushing above the company's $135 IPO price after reporting Q2 2026 results that showed revenue surging 92% to $7.8 billion. The commercial space operator narrowed its losses during the quarter, though it continues to report significant net deficits as it scales operations.

Wall Street analysts have set a median one-year price target of $217 per share, implying 48.4% upside from current levels. The recovery marks a turnaround for SPCX, which had traded below its debut price earlier this year despite rapid top-line expansion driven by satellite launch contracts and Starlink subscriber growth.

The 92% year-over-year revenue jump reflects growing demand for both government and commercial launch services, though the company remains in investment mode with heavy capital expenditures eating into profitability. Volatility has characterized the stock since its public debut, with shares swinging on quarterly cash flow reports and launch schedule updates.