• SpaceX reported robust Q2 2026 results with 92% revenue growth and Starlink reaching 12 million subscribers.
  • The company announced an ambitious goal of $100 billion annual recurring revenue (ARR) by late 2026, driven by its expanding AI infrastructure and Starlink services.
  • Analysts expressed significant optimism, with Argus Research upgrading the stock to "Buy" with a $160 price target and Morgan Stanley projecting a bullish scenario of $600.