Cramer says SpaceX’s latest price target hike could signal something bigger
cnbc.com Oct 8, 2026

Cramer says SpaceX’s latest price target hike could signal something bigger

AI-summarised brief · reviewed before publication

Jim Cramer on CNBC’s “Mad Money” noted that Goldman Sachs’ recent upward revision of SpaceX’s price target signals that the company’s ambitious plans may be materializing faster than analysts anticipated. Cramer highlighted expanding opportunities in SpaceX’s compute business and other ventures, yet he cautioned that the stock remains too speculative for his Charitable Trust. The comment reflects growing investor confidence in SpaceX’s growth trajectory while underscoring lingering concerns about valuation and risk.

💡 Why It Matters

  • · The price target lift suggests a shift in market sentiment toward SpaceX’s commercial prospects, potentially influencing future investment flows and valuation benchmarks for the private aerospace sector.