1 week ago

SpaceX Stock Gains as AI Revenue Forecast Points to $133B by 2028

TLDR SpaceX stock gained 1.7% as UBS maintained its Buy rating and $210 price target. UBS forecasts quarterly revenue of $13.8 billion, about 7% above Wall Street expectations. AI revenue could reach $7.6 billion, while UBS expects connectivity revenue to climb 59% to $4.9 billion. UBS projects $19.3 billion in quarterly capital spending across AI [...]

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