SPCX - OPPENHEIMER LIFTS SPACEX TARGET TO $280 Oppenheimer raised its SpaceX price target to $280 from $250, maintaining an Outperform rating. Analyst Tim Horan cited SpaceX’s vertically integrated AI platform, access to data, capital and Nvidia GPUs, alongside rapid infrastructure expansion. He highlighted strong progress from Grok and Cursor, with AI usage exceeding expectations. Oppenheimer also raised long-term revenue estimates, expecting stronger AI compute pricing and significant returns from next-generation Nvidia Rubin chips.(*Walter Bloomberg)