Timothy Horan’s recent public call was $250 , not $225, for SPCX; that target was reported in mid-June 2026, and the related coverage says he tied it to SpaceX’s long-term opportunity, especially around AI and communications.

What that means

  • I couldn’t find a source in the material I have that says Horan specifically set SPCX at $225.
  • The $225 figure appears in other SPXC-related coverage, but that is for SPX Technologies (SPXC) , not SpaceX (SPCX).
  • For SpaceX (SPCX), the reported move was from $190 to $250.

Clean takeaway

If you meant SpaceX (SPCX) , the answer is: Horan said $250, not $225. If you meant SPX Technologies (SPXC) , then $225 does show up as a target in other analyst coverage, but it is a different company.