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Oppenheimer Predicts Over 40% Upside For Elon Musk's SPCX Ahead Of Blockbuster IPO: 'We See It As The Only
Benzinga· 2026-06-12 13:36
Oppenheimer Sets $190 Price TargetIn a new investor note released on Thursday, the investment bank set a price target of $190 for SPCX, a nearly 41% upside compared to the IPO offer price of $135/share.The note said that the bank saw potential for SpaceX to “leverage terrestrial compute expertise” to help its expert system. “We see it as the only vertically-integrated AI company with the required capital, data, LLMs, hardware, manufacturing and engineering talent,” the bank said.Oppenheimer said it expects ...