Oppenheimer lifts SpaceX AI bet target to $280
Oppenheimer raised its target on SpaceX (SPCX) to $280 from $250 and kept an Outperform rating, citing more AI usage and improved compute economics to boost long-term revenue.
Oppenheimer is simply getting more optimistic on SpaceX (SPCX, Financials) with its AI forecast.
The brokerage boosted its target price on the stock to $280 from $250 while retaining an Outperform rating, saying more AI usage and improved compute economics should meaningfully boost long-term revenu…