SpaceX Shares Rebound 6% as Macquarie Reaffirms Outperform Rating, Citing AI Infrastructure Potential

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-21T19:52:00Z
Category: business
Source: Invezz

SpaceX (SPCX) shares climbed over 6% after Macquarie reaffirmed its Outperform rating and a $250 price target. Analysts believe investors are underestimating SpaceX's artificial intelligence opportunity, in addition to its core aerospace business, seeing significant upside from AI optionality.

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