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Wajeeh Khan

BIZARRE: Spacex just scored a double upgrade heres why - What They Never Told You

SpaceX SPCX Artificial Intelligence

SpaceX (SPCX) stock is pushing higher on Oct. 23 after senior PhilipCapital analyst Glenn Thum double-upgraded the space infrastructure and artificial intelligence (AI) company to “Buy.” In his research note, Thum assigned an aggressively revised $250 price target to SPCX, indicating potential upside of more than 65% from current levels.

His bullish call arrives as SpaceX shares are being hit amid a broader AI rout, currently down about 12% versus their recent high.

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