Here's What a $17,000 Investment in SpaceX Could Be Worth Over the Next 12 Months, According to Wall Street AI Bull Dan Ives

Dan Ives initiated coverage of SpaceX with an outperform rating and $190 price target, implying 17.3% upside. A $16,500 investment could reach ~$20,000 in 12 months. Ives views SpaceX as a differentiated tech asset with Starlink as a profit engine and potential in AI infrastructure. However, the analyst's modest price target and the company's high valuation—which already prices in Starship success and orbital data centers—raise concerns about risk-reward dynamics.