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SpaceX Shares Jump as Revenue Surges, Analysts Lift Targets

8/28/2026

35 6 Full Breakdown

Summary

SpaceX Shares Surge

SpaceX shares settled at the $135 IPO price on Aug. 24, sparking a buying debate.
Second-quarter revenue rose 92% YoY to $7.81 billion, beating expectations.
Starlink connectivity revenue climbed 66% and its subscriber base doubled to 12 million.
Morgan Stanley analyst Adam Jonas valued SpaceX at 10× sales and set a $300 price target.
Analysts’ median one-year target is $217 per share, implying roughly 60% upside from $135.

Summary

Salesforce Unveils Claude

Salesforce unveiled the “Claudeforce” plugin with Anthropic, linking Claude chatbot to its CRM data.
CEO Marc Benioff dismissed the SaaSpocalypse narrative as nonsense during the earnings call.
Benioff said nine of the ten leading AI firms rely on Salesforce and Slack, with spend up 435% YoY.
Salesforce logged a $2.6 billion gain this quarter from its Anthropic investment.

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SpaceX Shares Surge

SpaceX shares settled at the $135 IPO price on Aug. 24, sparking a buying debate.
Second-quarter revenue rose 92% YoY to $7.81 billion, beating expectations.
Starlink connectivity revenue climbed 66% and its subscriber base doubled to 12 million.
Morgan Stanley analyst Adam Jonas valued SpaceX at 10× sales and set a $300 price target.
Analysts’ median one-year target is $217 per share, implying roughly 60% upside from $135.

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