UBS initiates coverage of SpaceX with a buy rating and a $210 price target, saying the company’s asset base uniquely positions it to capture opportunities in space, connectivity and AI. UBS says scaling Starship would unlock those markets, pegs total addressable market near $30 trillion, and calls the stock suited to long-term, risk-tolerant investors given multiple upside drivers.

2026-07-08

UBS initiates coverage of SpaceX with a buy rating and a $210 price target, saying the company’s asset base uniquely positions it to capture opportunities in space, connectivity and AI. UBS says scaling Starship would unlock those markets, pegs total addressable market near $30 trillion, and calls the stock suited to long-term, risk-tolerant investors given multiple upside drivers.