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RBC increases target to $500RBC Capital has raised its price target for Tesla (NASDAQ:TSLA) to $500 from $475, reflecting both a revised standalone valuation and an additional premium linked to a potential merger with SpaceX (NASDAQ:SPCX). Analyst Tom Narayan said the updated target incorporates “a 25-30% premium to current trading levels (and a 15% premium to the stock’s intrinsic value) owing to a potential SpaceX acquisition scenario based on unconfirmed media reports.

Stock Market Today: The Dow Jones index rose, while tech futures sold off amid Samsung earnings. Micron and Sandisk plunged.

ASTS faces macro headwinds, rivals like Starlink and falling estimates, yet a three-satellite Bluebird launch this month could shift the story.

A Buy initiation anchors a year-end $200 target while outlining a longer-term scenario

Wall Street analysts are rolling out sky-high price targets on SpaceX's shares this week, despite a bumpy few first weeks of trading for the rocket maker. JPMorgan set a $225 price target by end-2027. "SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen," the bank's analysts said.

Wall Street analysts prefer SpaceX. to Tesla among Elon Musk’s publicly traded companies. Morgan Stanley, Goldman Sachs, BofA, RBC, Wells Fargo, Bernstein, UBS, were among the firms launching coverage, and only one rates the stock a Hold—the rest are Buy. The average analyst price target for Tesla stock is about $404, according to FactSet.

Goldman Sachs turns bullish on SpaceX with fresh Buy rating

Over the next several years, more and more 401(k) accounts will likely have exposure to SpaceX.

At an internal Meta town hall on July 2, 2026, CEO Mark Zuckerberg told employees that AI agent development over the prior four months “hasn’t really accelerated in the way that we expected,” per a recording heard by Reuters. He added that the company’s reorganization was not as “clean” as planned and that its bets ... After Laying Off 8,000 Employees, Zuckerberg Admits Meta’s AI ‘Hasn’t Really Accelerated’ As Expected

SpaceX trading on Tuesday won’t have much to do with space or AI fundamentals. Elon Musk’s AI and space company is now in the one of the best-known large-cap growth indexes that tracks the largest nonfinancial companies listed on Nasdaq. Being fast-tracked into the index reflects just how important privately held frontier AI companies, including OpenAI, Anthropic, and SpaceX before its June IPO, have become to the entire stock market.

AI stocks take a beating, with South Korean memory-chip maker Samsung Electronics setting the tone for the broader market.

Pre-Market Stock Futures: Futures are trading mixed, with the Nasdaq getting hammered after a gangbuster start to the first full trading week of the third quarter. All of the major indices finished the day higher, with chip stocks once again leading the way. When the dust settled at the close, the Nasdaq finished the day ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and M

Investing.com -- Raymond James initiated coverage of Space Exploration Technologies (SpaceX) with a Strong Buy rating and an $800 price target in a note on Tuesday, the highest on Wall Street, calling SpaceX "one of the defining industrial infrastructure companies of the 21st century."

Funds tracking the Nasdaq-100 must now buy SpaceX stock, but a small float limits its initial weight to around 1%

Prediction market traders are betting serious money on which AI giant hits the public markets first, and the crowd favorite is not the name dominating the headlines. The odds on Polymarket tell a story that flips the conventional wisdom about OpenAI, Anthropic, and Databricks completely upside down.

Higher-rated tech debt is rising, but investors are questioning whether AI spending will deliver expected returns.

Investing.com -- RBC Capital lifted its price target on Tesla to $500 from $475 in a note on Tuesday, incorporating a premium tied to a potential combination with SpaceX, while also updating its standalone intrinsic valuation of the electric vehicle maker.

History has a way of accurately forecasting the future on Wall Street.

SpaceX manages several lines of business, each of which may be better served by a more focused company.

Wall Street giants Morgan Stanley, Goldman Sachs, and Wells Fargo initiated coverage of SpaceX with a ‘buy’ rating, citing long-term growth potential driven by the AI, space, and communications verticals.

Some investors may be eyeing SpaceX for the wrong reasons.

Analysts begin coverage before major index inclusionShares of Space Exploration Technologies (NASDAQ:SPCX) slipped ahead of the company’s scheduled inclusion in the Nasdaq 100 on Tuesday, as several major Wall Street firms initiated research coverage with price targets ranging from US$190 to US$300. The wide range of valuations reflects differing opinions over the long-term potential of SpaceX’s artificial intelligence and satellite operations.

MARKETS AM NEWSLETTER Blowout results from Korean chip maker Samsung fell flat as investors got cold feet about sky-high prices for memory stocks. Tech stocks look set to open lower on the very day that SpaceX will appear in the most popular vehicle U.

AI stocks take a beating, with South Korean memory-chip maker Samsung Electronics setting the tone for the broader market.

Brace for volatility as SpaceX joins the Nasdaq-100, Waller defends Fed’s use of forward guidance, and more news to start your day.

Space Exploration Technologies (SPCX) has just been added to a wide range of Russell indexes, including the Russell 1000, 3000, and Top 200 families. For investors, this broad index inclusion matters mainly because it can influence how much passive capital tracks the stock over time. See our latest analysis for Space Exploration Technologies. Over the past week, Space Exploration Technologies’ 7 day share price return declined 6.11% and its year to date share price return is slightly...

Meta is reportedly building a cloud computing business to rent its spare artificial intelligence capacity.

Investing.com -- Citi launched coverage of Space Exploration Technologies with a Buy rating and a $200 price target, implying roughly 25% upside by year-end, while also outlining a longer-term path toward a valuation that could exceed $900 per share.

The world's largest IPO is entering the Nasdaq-100 only 15 trading days after it started trading, pulling SpaceX into one of the market's biggest passive-investing machines before most of its shares are even available to trade.

SpaceX has secured buy ratings or the equivalent from a swath of Wall Street stock brokerages, lending further support to Elon Musk’s newly floated...