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      Oppenheimer Raises SpaceX Price Target to $280

      Oppenheimer has increased its price target for SpaceX from $250 to $280, while maintaining an Outperform rating. Analyst Tim Horan attributed this adjustment to several factors, including SpaceX's vertically integrated artificial intelligence platform and its access to critical data and capital, as well as Nvidia GPUs.

      Horan noted that the company's rapid infrastructure expansion and the strong performance of its AI initiatives, Grok and Cursor, have exceeded expectations. Additionally, Oppenheimer has revised its long-term revenue estimates, anticipating stronger pricing for AI computing and significant returns from the next-generation Nvidia Rubin chips.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud