$SpaceX(SPCX)$ Working with a 12–18 month price target of $300, based mostly on execution.
The Q2 story looks like this: revenue was up 92% year over year. Connectivity revenue rose 66% on Starlink subscriber growth. SpaceX has $14.1 billion in contracted AI cloud sales. Starship completed reentry and came back intact. Falcon Heavy got NASA's $4.3 billion Roman Space Telescope deployed. SpaceX and Nvidia are working on the first Starmind orbital-compute satellite. Starbase Louisiana is meant to expand long-term Starship launch capacity, and the extra spectrum is a plus for Starlink Direct-to-Cell.
SpaceX is now running across launch, connectivity and AI. As long as execution keeps coming through, I'm comfortable holding the $300 target.
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