CoinWorld News reports that Oppenheimer recently supported SpaceX, expecting its pre-IPO retail demand to exceed $70 billion, making it one of the largest public offerings in U.S. market history. Oppenheimer has issued a “beat the market” rating for SpaceX, with a target price of $190, implying significant upside potential compared with the expected $13.5 IPO price. The company plans to list on June 12, and Oppenheimer believes SpaceX can combine space infrastructure with AI-driven systems to improve efficiency and expand services. Meanwhile, Oppenheimer has also raised its expectations for Tesla stock, saying electric vehicle demand is strong.

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GasFeesAfterTheRain
· 47m ago
Oppenheimer simultaneously praises SpaceX and Tesla, with strong demand for electric vehicles and a booming rocket IPO, Elon Musk is winning big.
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BlueberryStakingMachine
· 3h ago
From 135 to 190, with a growth potential of about 40%, but being one of the largest IPOs in history, the valuation pressure is also significant.
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FudAlsoNeedsAnImage
· 4h ago
Does retail demand before the IPO exceed 70 billion? American retail investors are really trying to put the rocket into the sky—given the $190 target price, I’ll believe only half of it.
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GlassDome
· 4h ago
A $190 target price—this premium is a bit too aggressive. The retail-side demand of $70 billion is genuinely wild. SpaceX is bringing the full lineup of swagger here.
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LimeMulti-Signature
· 4h ago
Oppenheimer's recent rating is quite bold, but the AI + space infrastructure narrative is indeed compelling, watched the show on June 12th.
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MarginMoth
· 4h ago
SpaceX goes public and Tesla adjusts upward—Oppenheimer says this is all in Elon Musk’s universe now; the efficiency portfolio is performing well.
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