When SpaceX first struck a deal with Anthropic in early May, the Claude Code creator signed up to use all of the compute capacity at SpaceX's Colossus I data center in Tennessee, bringing over 220,000 Nvidia GPUs and 300 megawatts of new capacity online within the month.

Oppenheimer initiated coverage of SpaceX with an outperform rating and a $190 price target on Thursday, one day before the company begins trading on the Nasdaq under the ticker SPCX. The price target implies around 40% upside from the $135 IPO price,

Analyst Timothy Horan argued that SpaceX is uniquely positioned to benefit from the convergence of artificial intelligence, communications and space-based infrastructure.

By Siddarth S June 11 (Reuters) - Oppenheimer became the first global brokerage to start coverage of SpaceX, ahead of the rocket and AI company's highly anticipated $75 billion market debut on Friday.

SpaceX is widely expected to be added to the Nasdaq 100 index soon, thanks to new rules allowing megacap technology companies entry in as few as 15 trading days after listing. But first, fellow space-technology company Rocket Lab is getting a place in the index.

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

Elon Musk’s SpaceX is preparing to stage the largest public offering ever, selling $75 billion worth of shares in one fell swoop. Here are key details: What will shares cost? Musk offered investors a “take-it-or-leave-it” price of $135 a share,

Many Elon Musk fans hoping to buy a piece of SpaceX will be out of luck on Friday when the rocket firm makes its record-setting public debut, according to a report. SpaceX, which had been aiming to raise $75 billion at a $1.

Two firms initiated coverage, with each forecasting gains for the Elon Musk company in its first year to 18 months based on their price targets.

Today, June 11, 2026, markets recovered on revived peace talk hopes, and chips helped power the S&P 500 and Nasdaq.