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Changes in US stocks | SpaceX (SPCX.US) rose more than 5%, Starship's 14th test flight will try to get into orbit
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The Zhitong Finance App learned that SpaceX (SPCX.US) rose more than 5% to $148.28 on Thursday. According to the news, SpaceX has applied for permission from the US Federal Communications Commission (FCC) to carry and operate Starlink (Starlink) terminals during Starship's 14th flight test. According to the submitted documents, this mission is scheduled to carry out an orbital flight in the true sense of the word, and this is a mission that the Starship project has never tried before.

Oppenheimer (Oppenheimer) analysts led by Timothy Horan (Timothy Horan) said in a customer report on Wednesday that SpaceX is expected to be the winner in the short-term computing power shortage situation. According to Horan, the company “has the ability to introduce infrastructure faster than any other party, and is using this infrastructure and its data to improve its model faster than any other party.” Horan gave SpaceX stock a buy rating and raised the target share price from $250 to $280. The new price target means SpaceX has room to rise by about 100% compared to the current level.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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