Citi Sees SpaceX Hitting $900 Per Share on Starship Progress
A Citi analyst says SpaceX's latest Starship launch moves the company closer to a potential $12 trillion valuation.
SpaceX's latest Starship test launch has drawn fresh attention from Wall Street, with Citi analysts arguing the milestone brings the privately held rocket company meaningfully closer to a long-term stock price target of $900 per share, according to a MarketWatch report.
At that valuation, the Elon Musk-led aerospace firm could eventually be worth as much as $12 trillion, a figure that would rank it among the most valuable companies ever assembled. Citi's bullish outlook is tied directly to how the Starship program advances several of SpaceX's core strategic priorities simultaneously.
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Starship, the world's largest and most powerful rocket system, is central to SpaceX's ambitions across multiple fronts — from NASA moon mission contracts to the potential deployment of next-generation Starlink satellites and, further out, crewed missions to Mars. Each successful test flight is seen as de-risking the program and unlocking additional revenue streams that underpin the lofty valuation case.
SpaceX remains a private company, meaning retail investors have no direct path to buying shares on a public exchange. Secondary market transactions and pre-IPO vehicles have allowed some institutional and accredited investors to gain exposure, though liquidity remains limited and pricing is opaque compared with publicly traded peers.
The Citi assessment underscores how pivotal Starship's development timeline is not just for space exploration goals but for the financial story investors and analysts are constructing around one of the world's most closely watched private companies. Continue reading at MarketWatch.com
