As Space Exploration Technologies Corp. (NASDAQ: SPCX) stock dropped below its IPO (initial public offering) price, Finbold AI Agent – an advanced financial assistance tool – has made a bold prediction for SpaceX stock.
On July 20, the Finbold AI Agent predicted that SpaceX stock would decline by an average of 4.8% by August 1. As August 1 falls on a Saturday, the forecast places SPCX at approximately $118 at the close on Friday, July 31.
The Finbold AI Agent leveraged 5 Large Language Models (LLMs), including DeepSeek Chat, Gemini 3.5 Flash, Claude Sonnet 5, GPT-5.7, and Grok 4.5. The AI’s SpaceX stock price forecast for the next 12 days is bearish, possibly due to the post IPO sell-off.
Despite investors pouring $320 million into SpaceX stock in July so far, the shares have declined by over 21%. As a result, SpaceX’s market capitalization has declined by over $1.3 trillion from its all-time high in recent weeks, with the company now valued at approximately $1.6 trillion at the time of reporting.
Wall Street remains bullish on SpaceX stock
Despite the bearish outlook for SPCX stock from AI, Wall Street analysts remain bullish on the company over the long term. Precisely, 29 Wall Street analysts surveyed by TipRanks have initiated an average Strong Buy for SPCX shares.
As such, these analysts have set an average 12-month price target of $243.81 for SpaceX, signaling a possible 96.6% upside. Ahead of the planned 13th test flight for the company’s Starship as early as July 23, Douglas Harned, an analyst from Bernstein, reiterated a Buy rating due to its transformative impact on long-term growth.
Consequently, if more investors continue to buy SpaceX stock due to its robust fundamentals, the midterm bearish forecast could be invalidated, and vice versa.
