SpaceX: Not Just Rockets! 3 Reasons It Could Hit $190 NOW!
Did you know SpaceX, famous for its rockets, is now making massive waves in the artificial intelligence sector? A prominent tech analyst, Dan Ives of Wedbush, recently initiated coverage on SpaceX with a surprising Outperform rating and a $190 price target, highlighting its unexpected push into AI compute as a core driver, alongside its well-known launch and Starlink connectivity businesses. Despite recent stock volatility, Ives views SpaceX as a uniquely differentiated tech asset, leveraging its Project Colossus supercomputer to secure huge deals with AI leaders like Anthropic and Google. This positions the company not just as a space pioneer but also as a formidable "hyperscaler" competitor, challenging giants like Amazon AWS and Microsoft Azure by building gigawatt-scale compute clusters faster and cheaper. To stay ahead of these groundbreaking tech and investment opportunities, make sure to subscribe to our channel today!
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