JPMorgan: SpaceX stock price expected to rise 75% to $240
2026-08-26 05:16:32
According to CoinMeta, analyst Doug Anmuth stated that despite maintaining a target price of $240, the stock price of SpaceX has recently risen by about 2%. This target price indicates that there is approximately 75% room for further increase in the stock price of SpaceX from the current trading level. Anmuth pointed out that completing the acquisition of Cursor is an important step in the development of SpaceX's artificial intelligence business. JPMorgan has observed that the training of the Cursor data on the Grok model has brought about "substantial improvements." In addition, JPMorgan expects that as the number of corporate clients increases, revenue generated from commercial clients will become an important part of SpaceX AI's business.
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Source:Cryptonews
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