SPCX Price Prediction as Google Taps SpaceX for Orbital AI Chip Test

TLDR:

• Google will use SpaceX’s Transporter-18 mission for its first Project Suncatcher orbital AI chip test.
• SPCX remains below the $150.78 resistance, while 138–140 forms the first major technical support zone.
• Morgan Stanley maintains a $300 SPCX target, while Bernstein raised its target to $248.
• Wall Street’s average SPCX target stands at $232.07, representing about 56.8% upside from $148.03.

SpaceX stock closed at $148.03 on September 24 as Google added another AI-linked catalyst to the company’s launch business. Google will use SpaceX’s Transporter-18 mission for its first Project Suncatcher orbital test next week.

Google Uses SpaceX Launch for First Project Suncatcher Test

Google plans to send a prototype satellite carrying Tensor Processing Units into low Earth orbit aboard Transporter-18. The mission, conducted with Planet Labs, will test whether Google’s AI hardware can operate reliably under orbital conditions.

The satellite will measure how TPUs respond to launch forces, radiation, and extreme temperatures in space. Google will also test heat pipes and radiators because normal airflow cooling cannot work in a vacuum.

Project Suncatcher is examining whether future AI computing clusters could operate in orbit using near-continuous solar energy. Google plans two more satellites in 2027 to test high-bandwidth laser links between computing systems.

The first mission will collect engineering data rather than operate a commercial orbital data center. SpaceX provides the launch infrastructure while Google tests hardware needed for the larger concept.

SPCX Holds Below $150 as Musk Expands the AI Story

SPCX ended September 24 at $148.03 after losing more than 4% during the previous session. The move left shares below $150, as 328.4 million shares became eligible for trading after lockup restrictions expired.

The unlock increases the number of shares that existing holders can sell, although it does not require any sale. Traders are watching whether SPCX can recover the $150.78 Fibonacci level after breaking below its rising-wedge structure.

A move for SpaceX above $150.78 would improve the near-term setup and return attention to the previous trading range. If weakness continues, support around $138 to $140 becomes important, followed by $133.34.

Elon Musk has also expanded SpaceX’s AI narrative beyond orbital computing. He said SpaceX could reach AI “pole position” within six months if its development acceleration continues.

Musk said the company could approach OpenAI GPT-6 or Anthropic Fable performance within two to three months. The forecast adds another AI angle alongside Starlink, Starship, and SpaceX’s launch operations.

SPCX Price Prediction Shows Wide Wall Street Target Range

Wall Street forecasts remain spread across a wide range as analysts model SpaceX’s different businesses. The analyst chart shows an average 12-month SPCX target of $232.07 from 33 analysts. Morgan Stanley analyst Adam Jonas maintains a Buy rating and a $300 price target.

His view centers on launch scale, Starlink, AI infrastructure, and technology links with Tesla. Bernstein analyst Douglas Harned also maintains a Buy rating and raised his target to $248 from $239. Harned sees orbital data centers and connectivity as important drivers of SpaceX’s valuation.

Source: TipRanks

The chart places the highest target at $800 and the lowest at $75. The range reflects different assumptions about Starship, AI infrastructure, satellite connectivity, and future revenue growth.

At $148.03, the average target of $232.07 represents about 56.8% upside from the September 24 close. The technical setup remains centered on $150.78 resistance and support between $138 and $140.

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