Wall Street analysts set SpaceX price targets ranging from $115 to $800

Wall Street analysts have set widely different price targets for SpaceX over the next 12 months. Between 27 and 29 analysts have published their estimates, and the average target is around $246. That average suggests the company's shares could rise by about 60 percent. However, analysts disagree strongly about SpaceX's future value. The lowest target is $115, while the highest reaches $800, which would mean a gain of 482 percent. One analyst has predicted returns of as much as 929 percent. Overall, analysts feel positive about SpaceX, describing their outlook as bullish. The company is developing its Starship rocket for possible Mars missions and growing its Starlink satellite network. These big projects explain why some analysts expect very large gains.