SPCX - BOFA REAFFIRMS BUY ON SPACEX BofA Securities reiterated its Buy rating and $235 price target on SpaceX after stronger-than-expected Q2 results. The firm said revenue and profitability exceeded expectations, while management reinforced its long-term growth outlook, including $100B run-rate revenue by December 2026 and a $1T revenue target by 2030. Despite concerns over higher capex and AI/Starlink monetization, BofA remains bullish on SpaceX's competitive position and raised its forecasts.(*Walter Bloomberg)