AI compute expansion opens up growth space! Bernstein raises SpaceX (SPCX.US) price target to $268; Morgan Stanley maintains "Overweight" rating.

Zhitong Finance APP has learned that as SpaceX (SPCX.US) accelerates its buildout of ground-based AI computing infrastructure and advances Starship reusable technology and orbital data center plans, Wall Street investment banks remain optimistic about the company's long-term growth prospects. In a research report released on October 26, Bernstein raised its SpaceX target price from $248 to $268 and maintained its "Outperform" rating. Morgan Stanley, in its October 23 report, maintained its "Overweight" rating and $300 target price for SpaceX, believing that the market has not yet fully reflected the potential value of the company's transformation from an aerospace company into an integrated AI platform.