Coin Bureau
Coin Bureau|Aug 25, 2026 13:16
🔥BULLISH: JPMorgan says SPCX’s AI opportunity is getting BIGGER, reiterating its Overweight rating and $240 price target. The firm sees its acquisition of Cursor as a major catalyst. The coding platform reportedly generates $4 billion in annual recurring revenue, with 75% coming from businesses. JPMorgan expects Cursor to supercharge SpaceX’s enterprise AI push, unlock valuable training data and accelerate Grok’s performance.(Coin Bureau)
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