Wedbush Initiates SpaceX Coverage With $190 Price Target

Wedbush Securities analyst Dan Ives initiated coverage of SpaceX with an Outperform rating and a $190 price target, according to Yahoo Finance. The coverage marks a notable Wall Street call on the privately held aerospace company.

Key Takeaways
Wedbush analyst Dan Ives initiated SpaceX with an Outperform rating and $190 price target
The coverage was reported by Yahoo Finance on July 1, 2026
SpaceX remains privately held, making Wall Street coverage less common than for publicly traded peers
The initiation provides a formal Wall Street view on the company's valuation framework

Wedbush Securities analyst Dan Ives, known for technology sector coverage, initiated SpaceX with an Outperform rating and assigned a $190 price target, Yahoo Finance reported. SpaceX does not trade on public exchanges, making analyst coverage less frequent than for publicly listed aerospace and technology companies.

For readers following broader market updates , analyst initiations on private companies can offer insight into how Wall Street views emerging technology and infrastructure businesses.

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