# SpaceX gets a wave of bullish ratings from Wall Street analysts

> Source: <https://sherwood.news/markets/spacex-gets-a-wave-of-bullish-ratings-from-wall-street-analysts/>
> Published: 2026-07-07 15:56:30+00:00

# SpaceX gets a wave of bullish ratings from Wall Street analysts

[SpaceX](https://robinhood.com/us/en/stocks/SPCX/?source=sherwood) received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the [at least 17 analysts that gave a rating on Tuesday](https://www.wsj.com/market-data/stocks/upgradesdowngrades), all but one gave it a “buy” or “outperform” rating. [MoffettNathanson](https://www.msn.com/en-us/technology/tech-companies/moffettnathanson-s-craig-moffett-explains-why-he-s-skeptical-of-starlink-as-a-wireless-competitor/vi-AA27oNbF) was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.
