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Oppenheimer lifts SpaceX price target to $280 on compute shortage edge

Oppenheimer analysts wrote that SpaceX’s vertical integration gives it an advantage in deploying and supplying computing power amid a compute shortage, lifting their price target to $280 from $250.

SPCX

SpaceX's vertical integration gives it an advantage in deploying and supplying computing power, Oppenheimer analysts write in a note, lifting their price target to $280 from $250. "We think SPCX will be a winner of the near-term compute shortage, as it has the ability to bring on infrastructure fas…