[JPMorgan: SpaceX Computing Power Target at 13 GW, Target Price Raised to $500] Deep Tide TechFlow reports, according to Tide Research, JPMorgan's October 21, 2026 research report indicates that SpaceX's third-quarter revenue grew 161% year-over-year and 87% quarter-over-quarter. The rated computing power target has been raised from 5-10 GW to 13 GW. Capital expenditures for 2027 have increased from approximately $200 billion to approximately $300 billion. The annual recurring revenue target by the end of 2027 is set at $500 billion to $1 trillion. JPMorgan assesses that the commercial value of Vera Rubin is approximately 40% higher than the strongest GB300 system, with computing power expansion and premium monetization supporting the annual recurring revenue target. The report maintains an overweight rating, raising the target price from $240 to $500, based on 2028 GAAP earnings per share of $24.41 multiplied by a 20x valuation. Current price: $147.79.