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The Motley Fool

27 Jul 2026, 09:25 UTC · 1h ago

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

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Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What the story claims

4 claims · each scored for market impact

What matters in this story

1
Wall Street analysts have an average 12-month price target of $243.81 for SpaceX, representing a potential upside of 111.5% from current levels. — A strong consensus among 30 analysts for a double-digit percentage increase in share price typically drives positive investor sentiment and buying pressure.
+0.60
2
Morgan Stanley projects SpaceX's revenue will grow from $18.7 billion in 2025 to $3.3 trillion by 2040, driven primarily by its AI division. — Hyper-growth projections from a major investment bank can significantly boost long-term risk appetite for the stock, despite the distant timeframe.
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3
Cathie Wood's Ark Invest increased its position in SpaceX by purchasing $21.3 million in shares following a price correction. — Institutional 'buying the dip' by a high-profile growth investor serves as a bullish signal to retail and momentum traders.
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4

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Cathie Wood's Ark Bought… — SPCX +0.60 | NewsImpactScreener

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

When SpaceX stock will hit new all-time high, according to ChatGPT

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

When SpaceX stock will hit new all-time high, according to ChatGPT

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Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

Next reads from the same story arc

When SpaceX stock will hit new all-time high, according to ChatGPT

Cathie Wood's Ark Bought $21.3 Million of SpaceX Stock as Shares Fell 45% From Their Record High. Wall Street's Median Price Target Is $243.81, 111.5% Above the Current Close.

What matters in this story

Next reads from the same story arc

When SpaceX stock will hit new all-time high, according to ChatGPT

How each ticker is affected

Connected tickers

Track these names every morning.

Impact by category

Biggest drivers

Most positively impacted

Most negatively impacted

Shein will struggle to justify $40-50 billion Hong Kong IPO valuation

Ranking the "Magnificent Seven" From Most to Least Attractive, Based on Future Cash Flow

AvePoint: Stock Set For Gains On Strong Growth And Reasonable Valuation

After Losing 40% Of His Net Worth In A Month, Elon Musk Attempts To Raise $4 Billion For Another Company

Fivefold increase for Chinese chip maker CXMT in Shanghai debut