Oppenheimer Sets $190 Price Target for SpaceX Market Debut

With SpaceX poised for a $75 billion market entry this Friday, Oppenheimer has become the first global brokerage to initiate coverage on Elon Musk’s aerospace giant. The firm issued an outperform rating, projecting a rapid surge in valuation that positions the company for a potential $2.5 trillion market capitalization.

Editorial·June 11, 2026·reads: 3,255

Oppenheimer Sets $190 Price Target for SpaceX Market Debut

The brokerage established a price target of $190, signaling a 41% upside from the anticipated $135 IPO price. Analysts expect demand for the stock to outstrip available supply immediately following the listing. Because Oppenheimer operates outside the official IPO syndicate, it is exempt from the standard post-listing quiet period, granting it the unique ability to publish assessments ahead of the public debut.

This aggressive forecast suggests a meteoric rise for the rocket and AI firm, with the $2.5 trillion valuation target set for the next 12 to 18 months. By moving early, the firm aims to capture investor interest before the broader market reacts to the volatility inherent in such a high-profile aerospace offering.