A Tesla bull gives SpaceX stock a "buy" rating.

Currently, there are more than a dozen analysts tracking SpaceX stock. In a few weeks, this number will nearly reach 50. The trend of this rocket and AI company owned by Elon Musk in trading post-IPO is fluctuating, and investors are closely watching Wall Street's valuation of it. The latest ratings give a bullish outlook, with SpaceX valued at up to $2.5 trillion. On Tuesday evening, Wedbush analyst Dan Ives began tracking SpaceX stock. He gave the stock an "outperform" initial rating with a target price of $190. He wrote, "We view SpaceX as one of the most differentiated assets in the tech market. The company has strong influence in three core markets: Starlink has been successful in network connections, Starship launches have boosted demand, and transactions in its Colossus data center continue to grow." Compared to Falcon 9, Starship can reduce the cost of entering space by 90%, which is crucial. Cost reduction will drive more space applications, such as on-orbit AI data centers. "All of SpaceX's future business will rely on Starship, whether it's the next generation of Starlink, on-orbit AI computing constellations, the Artemis lunar lander, or the cost and capacity leap that all long-term assumptions are based on," Ives added. "This spacecraft is the company's largest single source of value, but also its greatest risk."