SpaceX officially landed on the Nasdaq 100 before the US stock market opened today, with Wall Street institutions collectively bullish.

BlockBeats News, July 7: SpaceX will be officially included in the Nasdaq 100 Index on July 7, 2026, before the opening of the U.S. stock market (9:30 PM Beijing time). After only about 15 trading days since its listing, SpaceX will enter the Nasdaq 100, becoming one of the fastest large companies to be included in the index in recent years. This adjustment is expected to drive passive positioning by index funds tracking the Nasdaq 100.

As SpaceX officially enters the core index of the public market, Wall Street institutions have begun to reassess its long-term value. Most institutions believe that SpaceX is no longer just a traditional aerospace company but a platform company with capabilities in rocket launches, the Starlink satellite internet, AI infrastructure, and the potential for future space computing.

Goldman Sachs believes that SpaceX has the potential to become a core growth asset in the next decade, as the integration of commercial spaceflight, satellite internet, and AI infrastructure will open up long-term growth opportunities. Goldman Sachs has a "Buy" rating for SpaceX with a target price of $205.

Morgan Stanley stated that SpaceX's greatest source of value is not just its rocket business but the Starlink satellite network and future AI infrastructure capabilities. The commercialization of satellite internet could be a key driver of long-term valuation for the company. Morgan Stanley previously rated SpaceX as "Overweight" and set a target price of $300.

J.P. Morgan believes that SpaceX's core competitive advantages come from rocket reusability technology, launch cost advantages, and the scale of the Starlink global network. With continuous growth in satellite internet users, Starlink is expected to become the primary future source of cash flow for the company. J.P. Morgan has not publicly disclosed a specific target price for SpaceX.

Bank of America believes that SpaceX is transitioning from a space company to a new type of infrastructure platform. Its value comes not only from launch services but also from global communication, data transmission, and the additional computing demands of the AI era. Bank of America has not publicly disclosed a specific target price for SpaceX.

UBS believes that SpaceX has a unique asset portfolio, and Starship will become a key infrastructure for connecting launches, satellite communication, and AI computing. The company has significant long-term growth potential. UBS has a "Buy" rating for SpaceX with a target price of $210.

Oppenheimer previously gave positive reviews to SpaceX, believing that the company has vertical integration capabilities and long-term competitive advantages in rocket manufacturing, satellite networks, and AI-related infrastructure. Oppenheimer previously rated SpaceX as "Outperform" and set a target price of $250.

However, Wall Street still holds divergent views on SpaceX's valuation. Morningstar believes that the current valuation already reflects a high level of optimistic expectations, and investors need to pay attention to the commercialization speed of Starlink and the company's future profit realization capability. Morningstar had previously provided a valuation of SpaceX of around $780 billion, without setting a traditional price target for the stock.

On the whole, Wall Street's core assessment of SpaceX is relatively consistent: the company has extremely strong technological barriers and long-term growth potential, with the main divergence centered on valuation levels rather than the business model. As SpaceX is officially included in the Nasdaq 100, the market's focus has shifted from "whether it can become a tech giant" to "whether a $2 trillion valuation can still support the next stage of growth".