SpaceX Has 'Tremendous' Earnings Power, Say Clear Street Analysts

Clear Street analysts reiterate a buy rating on SpaceX, characterizing the rocket business as a “placeholder” while spotlighting faster-growing segments such as Starlink and xAI. The update is supportive of the equity thesis but is analyst-commentary driven rather than a new fundamental datapoint, implying limited near-term price impact.

Analysis

Clear Street analysts reiterate a buy rating on SpaceX, characterizing the rocket business as a “placeholder” while spotlighting faster-growing segments such as Starlink and xAI. The update is supportive of the equity thesis but is analyst-commentary driven rather than a new fundamental datapoint, implying limited near-term price impact.