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SpaceX (SPCX) Stock Jumps 8% After Earnings as JPMorgan Sees $500

By Trader Edge at 2026-10-23 04:48

Sentiment: Positive

TLDR SpaceX (SPCX) stock closed at $159.31 on Wednesday, up 8%, after its second earnings report as a public company. Q3 revenue rose 161% to $14.58 billion, and EPS of $0.35 beat the $0.10 estimate. JPMorgan more than doubled its price target to $500 from $240, and Barclays raised its target to $300. Capital spending [...] The post SpaceX (SPCX) Stock Jumps 8% After Earnings as JPMorgan Sees $500 appeared first on CoinCentral. Continue reading...

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