First analyst coverage of SpaceX stock sets a bold target

SpaceX is the only vertically integrated AI company with the hardware and data to dominate the future, making its $1.75 trillion IPO valuation look cheap. While skeptics call it overvalued, the real play isn't just rockets—it's the inevitable merger with Tesla and the massive AI earnings from xAI that will drive a $2.5 trillion market cap. With 18,712 Bitcoin on its balance sheet, is SpaceX a space firm, an AI powerhouse, or a massive crypto hedge fund? What’s your take?
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