JPMorgan reiterates Overweight on SpaceX citing completed Cursor acquisition and Grok momentum
JPMorgan published a research note on August 25, 2026 reiterating its Overweight rating and $240 price target on SpaceX, citing the completed Cursor acquisition as improving Grok models and expanding SpaceX's enterprise AI capabilities. The bank said it is increasingly positive on Grok's momentum.
Detected & updated continuously · Source: Nebula
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@EyeWhales
JUST IN: JPMorgan reiterates its Overweight rating and $240 price target on $SPCX, saying Cursor’s reported $4B ARR could accelerate SpaceX’s enterprise AI push and boost Grok’s performance. https://t.co/tPOZvuTP4X
@DeItaone
$SPCX - JPMORGAN BULLISH ON SPACEX AS GROK MOMENTUM BUILDS JPMorgan reiterated an Overweight rating and $240 price target on SpaceX, citing growing confidence in Grok’s AI prospects. The firm highlighted SpaceX’s acquisition of Cursor, which reportedly generates around $4
@cb_doge
BREAKING: JPMorgan published a new research note today and is increasingly bullish on @SpaceX as Grok’s momentum builds. The bank maintained its Overweight rating, saying the recently completed Cursor acquisition is already improving Grok models and strengthening SpaceX’s https://t.co/yUTNrKfngv
@cb_doge
Grok Summary of JPMorgan’s new note today on @SpaceX and @Grok • JPMorgan maintained its Overweight rating on SpaceX, saying it is “increasingly positive” about Grok. • The completed Cursor acquisition is an important step in expanding SpaceX’s enterprise AI capabilities. • https://t.co/5cx3NoMsMI