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The Motley Fool

27 Jul 2026, 09:25 UTC · 2h ago

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

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Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What the story claims

4 claims · each scored for market impact

What matters in this story

1
Wall Street analysts have an average 12-month price target of $243.81 for SpaceX, representing a potential upside of 111.5% from current levels. — A strong consensus among 30 analysts for a double-digit percentage increase in share price typically drives positive investor sentiment and buying pressure.
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2
Morgan Stanley projects SpaceX's revenue will grow from $18.7 billion in 2025 to $3.3 trillion by 2040, driven primarily by its AI division. — Hyper-growth projections from a major investment bank can significantly boost long-term risk appetite for the stock, despite the distant timeframe.
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3
Cathie Wood's Ark Invest increased its position in SpaceX by purchasing $21.3 million in shares following a price correction. — Institutional 'buying the dip' by a high-profile growth investor serves as a bullish signal to retail and momentum traders.
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Cathie Wood's Ark Bought… — SPCX +0.60 | NewsImpactScreener

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

When SpaceX stock will hit new all-time high, according to ChatGPT

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

When SpaceX stock will hit new all-time high, according to ChatGPT

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Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

Next reads from the same story arc

When SpaceX stock will hit new all-time high, according to ChatGPT

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

Next reads from the same story arc

When SpaceX stock will hit new all-time high, according to ChatGPT

How each ticker is affected

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Track these names every morning.

Impact by category

Biggest drivers

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Most negatively impacted

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