Mizuho Reaffirms Outperform On SpaceX

SPCX - MIZUHO REAFFIRMS OUTPERFORM ON SPACEX Mizuho reiterated its Outperform rating and $200 price target on SpaceX.

The company posted strong first public results, with $7.8B revenue (+92% YoY) and $3.5B adjusted EBITDA (+191% YoY).

AI led growth, generating $2.6B revenue and turning profitable.

Management highlighted ambitious targets, including $100B ARR by December, a $1T revenue goal by 2030, faster compute expansion, and a potential Starship tower catch this month.

Mizuho says the outlook remains compelling.