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Analyst Predicts SpaceX Stock Price to Hit $200 Amid AI Boom

Analyst Predicts SpaceX Stock Price to Hit $200 Amid AI Boom

The SpaceX (SPCX) stock price ended the session on September 29 in the green, suggesting strong investor confidence. In addition, this comes as an analyst from a renowned financial firm has provided a $200 price target for the asset.

The analyst has said that the AI compute leasing of SpaceX is likely to be a major catalyst that would drive its price higher in the coming days. So, here we explore the recent developments around Elon Musk’s firm and see what the analyst is predicting.

Analyst Sees More Upside for SpaceX Stock Price

The SpaceX stock price ended the session on Tuesday in the green, adding around 2.6% to $149.24 from its prior close. Over the last 30 days, the SPCX stock was up more than 5%, suggesting…

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