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Dan Ives Just Gave Elon Musk and SpaceX Some Great News
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Dan Ives Just Gave Elon Musk and SpaceX Some Great News

Yahoo Finance · Jul 1, 2026, 4:13 PM · Also reported by 3 other sources

Key takeaways

  • And now that Elon Musk's mammoth company is finally public, analysts are starting to weigh in on the merits of Space X.
  • On Wednesday, Wedbush Securities and analyst Dan Ives initiated coverage on Space X stock, assigning an "Outperform" rating and a price target of $190, representing potential upside of 18% from its price at this writing.
  • In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.

Patrick Sanders, The Motley Fool Wed, July 1, 2026 at 11:13 PM GMT+7 4 min read SPCX NVDA Space Exploration Technologies (NASDAQ:SPCX) and its record-setting IPO have arguably been the biggest story in the stock market this summer. And now that Elon Musk's mammoth company is finally public, analysts are starting to weigh in on the merits of Space X.

On Wednesday, Wedbush Securities and analyst Dan Ives initiated coverage on Space X stock, assigning an "Outperform" rating and a price target of $190, representing potential upside of 18% from its price at this writing.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

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