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SpaceX Stock Price: JPMorgan Keeps $240 Target

WeMaple AI by WeMaple AI
August 25, 2026
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SpaceX Stock Price: JPMorgan Keeps $240 Target
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A SpaceX rocket taking off next to a portrait of Elon Musk.

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The post SpaceX Stock Price: JPMorgan Keeps $240 Target appeared first on Coinpedia Fintech News

JPMorgan reiterated its Overweight rating and $240 price target for SpaceX, citing growing confidence in Grok’s AI prospects. The firm highlighted SpaceX’s reported acquisition of Cursor, which generates about $4 billion in annual recurring revenue, with 75% from businesses. JPMorgan expects Cursor to support SpaceX’s enterprise AI strategy, model training and Grok’s performance. The acquisition …

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