--- title: SpaceX’s biggest bull sees a $10.5tn valuation | daily.dev description: SpaceX joined the Nasdaq 100 this week, with Raymond James analyst Brian Gesuale opening coverage at an $800 price target implying a $10.5 trillion valuation —... canonical: https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: SpaceX’s biggest bull sees a $10.5tn valuation | daily.dev og:description: SpaceX joined the Nasdaq 100 this week, with Raymond James analyst Brian Gesuale opening coverage at an $800 price target implying a $10.5 trillion valuation —... og:url: https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c og:image: https://api.daily.dev/og/posts/NmvCwXF4C.png og:image:alt: SpaceX’s biggest bull sees a $10.5tn valuation og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SpaceX’s biggest bull sees a $10.5tn valuation **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary SpaceX joined the Nasdaq 100 this week, with Raymond James analyst Brian Gesuale opening coverage at an $800 price target implying a $10.5 trillion valuation — more than double Nvidia's current worth. His bull case rests almost entirely on AI: he projects SpaceX will sell computing power via ground-based and orbital data centers, with AI accounting for 94% of revenue by 2035. On the other side, legendary bubble-caller Jeremy Grantham puts the odds of a SpaceX crash at 90%, calling the AI pitch third-rate and the broader assumptions inconceivable. SpaceX shares actually fell ~5% on the day it joined the Nasdaq 100, even as index funds prepared to buy in. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [SpaceX valuation balloons to $2.6T, briefly passes Amazon](https://daily.dev/posts/spacex-valuation-balloons-to-2-6t-briefly-passes-amazon-thvymmasf) · TechCrunch · 0 upvotes · 0 comments - [SpaceX rings the bell on its record Nasdaq debut](https://daily.dev/posts/spacex-rings-the-bell-on-its-record-nasdaq-debut-faokl2xya) · The Next Web · 0 upvotes · 0 comments - [SpaceX vaults past Amazon and Microsoft’s market value](https://daily.dev/posts/spacex-vaults-past-amazon-and-microsoft-s-market-value-p1gq4qtjn) · TechCentral · 0 upvotes · 0 comments - [SpaceX lowers IPO target to $1.8T, marketing starts 4 June](https://daily.dev/posts/spacex-lowers-ipo-target-to-1-8t-marketing-starts-4-june-f3lzvzm5h) · The Next Web · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#spacex](https://daily.dev/tags/spacex) [View this post on daily.dev](https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"SpaceX’s biggest bull sees a $10.5tn valuation","url":"https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c"},"datePublished":"2026-07-07T16:50:04.424Z","dateModified":"2026-07-07T16:50:25.103Z","description":"SpaceX joined the Nasdaq 100 this week, with Raymond James analyst Brian Gesuale opening coverage at an $800 price target implying a $10.5 trillion valuation —...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/20c6dbcdd2ccbae87835da7d550e8795?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/20c6dbcdd2ccbae87835da7d550e8795?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/spacex-s-biggest-bull-sees-a-10-5tn-valuation-nmvcwxf4c","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai,spacex","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"SpaceX’s biggest bull sees a $10.5tn valuation"}]} ```