With Ambitious Growth Plans, SpaceX Stock Is Likely to Surge Higher SpaceX, the private aerospace manufacturer and space transport services company founded by Elon Musk in 2002, has been making headlines with its ambitious growth plans and innovative ventures.
The recent surge in its stock price, coupled with Wedbush's "Outperform" rating and $190 per share price target, has piqued the interest of investors.
The company's business segments – space exploration, connectivity, and AI infrastructure – offer immense potential, with SpaceX boasting a strong footprint across these areas.