Wall Street banks are keeping astronomical price targets on SpaceX's stock as it struggles to achieve exit velocity

Investment-bank research highlights Citigroup’s projection that SpaceX could reach a $12 trillion market capitalization as part of the AI boom narrative. The article frames this as an investor takeaway from bank research, but provides limited additional financial specifics beyond the valuation outlook. Overall, the implication is modestly bullish for sentiment around AI-adjacent capital formation and high-growth tech exposure.