Needham reiterated SpaceX's “buy” rating, and the target price was set at $250. Needham maintains SpaceX's “buy” rating and a target price of $250, pointing out that its AI computing power revenue is growing at an accelerated pace. It is estimated that the announced operating rate of the annualized revenue from transactions related to computing power will reach a total operating rate of US$54 billion, which will support management to achieve the goal of total annualized recurring revenue of US$100 billion by the end of 2026. Meanwhile, Starship's 14th test flight has successfully entered orbit, and 26 officially operated Starlink V3 satellites have been deployed.

Needham reiterated SpaceX's “buy” rating, and the target price was set at $250. Needham maintains SpaceX's “buy” rating and a target price of $250, pointing out that its AI computing power revenue is growing at an accelerated pace. It is estimated that the announced operating rate of the annualized revenue from transactions related to computing power will reach a total operating rate of US$54 billion, which will support management to achieve the goal of total annualized recurring revenue of US$100 billion by the end of 2026. Meanwhile, Starship's 14th test flight has successfully entered orbit, and 26 officially operated Starlink V3 satellites have been deployed.