Bernstein Raises SpaceX Price Target to $268 from $248

The headline number matters less than the signal: a sell-side brokerage is re-marking its private-market valuation of SpaceX, and the direction is up. Because the rating and rationale were not disclosed, the revision reads as a valuation-model adjustment rather than a conviction call, which limits how much weight it can carry. For readers tracking the spillover between private space assets and listed RWA vehicles, the open question is whether other brokerages follow with their own revisions or treat this as a one-off.