JPMorgan doubles SpaceX price target to $500, resetting private space valuations
As seen on the 24/7 Wall St. homepage on October 21, 2026.
A doubled target on the biggest private name in space resets the benchmark every listed launch and satellite broadband player gets valued against.
JUST IN: JPMorgan doubles SpaceX price target to $500 https://t.co/13WMcR2cht
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JPMorgan has doubled its price target on SpaceX to $500, a move that instantly resets the valuation benchmark for the biggest private name in the space industry.
Because SpaceX remains privately held, a revision of this size carries unusual weight: JPMorgan sees intrinsic value materially above the last widely accepted mark.
Every listed launch provider and satellite broadband operator now gets measured against a bar that just moved sharply upward, so investors in those segments have reason to reassess how the competitive landscape is priced.
The call is circulating widely, a sign that the market is paying close attention to where JPMorgan is setting its sights on SpaceX.