SpaceX has continued its recovery, supported by positive analyst commentary on the AI strategy and expectations ahead of the next Starship test, while the stock simultaneously approaches a key technical resistance zone. Can the recent momentum continue?
SpaceX has further extended its recovery in recent weeks; following the recent low in early August, the stock moved steadily upward and is now approaching the $150 mark.
Analysts see additional potential through AI
One of the recent positive signals comes from Oppenheimer, which raised its price target for SpaceX from $250 to $280. The analysts specifically pointed to the potential of the company’s growing AI and computing infrastructure as an additional growth driver.
Also Bernstein remains positive, confirming its Outperform rating and a price target of $248.
This increasingly brings AI into focus alongside established growth drivers Starlink and Starship.
This development aligns with our previous SpaceX valuation analysis, in which we identified Starlink, Starship, and AI as key long-term opportunities.
Starship returns to focus
Another potential catalyst is the next Starship test flight.
Current regulatory filings suggest that another Starship flight could take place in mid-September. Following the progress of the previous test, a further successful flight could represent a major step in the system’s development.
Technical Picture: Resistance moves into focus
SpaceX – Daily Chart, as of September 3, 2026
The technical picture has further improved since our last analysis.
SpaceX has continued its recovery from the August lows and is now testing the key resistance zone between $146 and $153.
What we are watching
Technically, the focus is now primarily on the resistance zone between $146 and $153.
Fundamentally, we continue to monitor the development of Starlink, progress with Starship, and the growing importance of AI and computing infrastructure within the SpaceX growth story.
Key Takeaway
The recovery in SpaceX shares has gained further momentum, supported by positive analyst commentary and expectations surrounding Starship, while the technical picture remains positive.
