Changes in US stocks | SpaceX (SPCX.US) continues to rise 5% in two trading days, up more than 12%

The Zhitong Finance App learned that on Monday, SpaceX (SPCX.US) continued its gains from the previous trading day. As of press release, it had risen by more than 5%, up more than 12% in two trading days, and reached a market value of 2.2 trillion US dollars. According to the news, both Lyon and Damo released reports that they are optimistic about SpaceX's development. Analysts at Morgan Stanley said that SpaceX integrates satellite, aerospace and AI businesses and is one of the lowest targets to participate in space and intelligent economic layout and obtain high-profit opportunities at the lowest cost. It is expected that developments in the next few months will help investors better understand SpaceX's role in solving key bottlenecks in electricity and chip manufacturing, or open up space for the stock's profit growth and valuation expansion.

Analyst Adam Jonas wrote in the customer research report: “We expect multiple business developments in the coming months to help investors better understand the value of SPCX in solving key bottlenecks in electricity and chip manufacturing, which is expected to unleash profit growth potential and boost valuation multiples.” The report said that before the Starship 15 test flight, investors had a rare layout window. Analysts believe that the launch of AI products and progress in the Starship project, combined with the landing of more high-value cloud services, is expected to push the stock closer to the target price of 300 US dollars.

According to a research report published by Lyon, Nvidia's demand coverage is greater than expected by the market. SpaceX installations have surged and proposed a target of reaching 10 gigawatts by the end of 2027; sovereign AI already accounts for about 20% of its revenue, and the bank expects SpaceX to contribute more than 20% of Nvidia's revenue by the 2028 calendar year, which is expected to replace Microsoft as the largest customer at that time, challenge the market's narrative that the company relies on the four largest cloud service providers and inject credibility into continued growth.