Will SpaceX Be a $9 Trillion Stock by 2027?

A Raymond James analyst projects SpaceX stock could reach $800 per share within 12 months, valuing the company at $8.7 trillion. However, the article argues this is unlikely given SpaceX's current financial performance: Q1 2026 showed 15% revenue growth to $4.7 billion but a $2 billion loss, with only the Starlink segment profitable at $1.2 billion operating profit. While SpaceX operates three promising business segments (space launch, satellite broadband, and AI), the company's modest growth and ongoing losses don't support such dramatic valuation increases.