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US stocks: Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Brokerage Oppenheimer has started covering SpaceX. They issued an 'outperform' rating and set a price target of $190. This is ahead of the rocket and AI company's market debut. Oppenheimer sees SpaceX as a unique AI company. Starlink is expected to be a major cash generator. SpaceX's AI business will contribute significantly over time.

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US stocks: Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Oppenheimer values SpaceX at $2.5T in 12-18 months as the only vertically-integrated AI company with capital, data, LLMs, and hardware. Starlink drives current revenue; xAI becomes the largest contributor, signaling enterprise shift toward integrated AI-plus-hardware stacks addressing a $10T market by 2035.

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US stocks: Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Confronto fonti

US stocks: Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Timeline cronologica

SpaceX's IPO set to attract investors to Musk's space and AI vision

Musk's SpaceX IPO holds both promise and peril

Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Oppenheimer starts coverage of SpaceX ahead of $75B IPO with bullish price target

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Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

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