GLJ Research analyst Gordon Johnson on Thursday said that the Iranian government’s adding Elon Musk-led SpaceX to its target list is a smart move for Tehran.



<h2>Iran To Target SpaceX?</h2>



In a post on X, Johnson said that Iran targeting SpaceX infrastructure was smart for Iranians because “the stock market melting higher is literally ALL US politicians care about.”



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SpaceX IPO Sends Nasdaq Futures Up 135 Points As Elon Musk's $1.77 Trillion Rocket Company Faces Scrutiny Over Starship, xAI Losses




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<blockquote>Iran targeting @SpaceX infrastructure – smart move, if you're 🇮🇷. The stock market melting higher is literally ALL US politicians care about. Starlink's ground stations in Israel, Qatar, Jordan, the United Arab Emirates, and Oman, alongside SpaceX shareholders including the…— Gordon Johnson (@GordonJohnson19) June 11, 2026</blockquote>
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SpaceX assets located in the region include Starlink ground stations in countries like Israel, Qatar, Jordan, the UAE and Oman. Iran has also added SpaceX shareholders’ infrastructure as targets, according to a report by Iran’s Fars news agency on Thursday.



<h2>Oppenheimer’s 41% Upside, Gary Black’s TSLA Prediction</h2>



Investment bank Oppenheimer Holdings Inc. (NYSE:OPY) kicked off the first-ever coverage of SpaceX’s stock, touting a $190 price target for SpaceX, up nearly 41% from its offering price of $135/share during the IPO.



“We see it as the only vertically-integrated AI company with the required capital, data, LLMs, hardware, manufacturing and engineering talent,&#34; the bank said in the investor note.



Meanwhile, investor Gary Black of The Future Fund LLC predicted that the Friday IPO will result in Tesla Inc. (NASDAQ:TSLA) shareholders exiting their positions in the EV giant so that they can participate in SpaceX. 



Black also warned against SpaceX’s valuation, calling the company &#34;richly valued&#34; in his post on X. The investor also mentioned that he would avoid the IPO and wait until the stock value stabilized.



<h2>Elon Musk’s Trillionaire Goal</h2>



With the IPO looming, SpaceX and Tesla CEO Elon Musk could become a trillionaire, as the SpaceX IPO has pushed his estimated net worth to just $29 billion shy of the $1 trillion milestone. Musk's holdings in SpaceX are now worth about $688 billion, helping lift his overall net worth to approximately $971 billion.



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Tesla's Optimus Could Drive Huge Revenue Upside, Analyst Says




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Biggest IPO Ever — SpaceX Rings the Bell on Nasdaq!

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GLJ Research analyst Gordon Johnson labeled Iran's decision to target SpaceX infrastructure as a 'smart move,' criticizing US politicians for prioritizing stock market gains. Concurrently, Oppenheimer initiated coverage of SpaceX with a $190 price target following its IPO, while investor Gary Black warned against the company's high valuation. The IPO also brings Elon Musk closer to becoming a trillionaire.

Iran Puts Elon Musk's SpaceX In Its Crosshairs, Analyst Calls It A 'Smart Move'