Analyst Behind $250 SpaceX Target Says Physical AI Will Be “One of AI’s Fastest-Growing Areas Over the Next 4-5 Years”

Thomas Richmond

Fri, June 26, 2026 astatine 11:29 AM CDT 3 min read

Quick Read

• Horan acceptable a $250 terms people connected SPCX with shares astatine $150, driven by carnal AI spanning robotics, autonomous vehicles, and machine-to-machine connectivity.

• Horan sees a TSLA-SpaceX merger amplifying AI capabilities semipermanent but advises investors to measure SPCX connected its ain merits for now.

• SpaceX IPO'd astatine $135, surged past $225, past pulled back, with analysts anchoring valuations connected AI vulnerability alternatively than motorboat gross alone.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SpaceX didn't marque the cut. Grab the names FREE today.

Oppenheimer tech expert Timothy Horan utilized a caller CNBC conception to laic retired a bull lawsuit for SpaceX (NASDAQ:SPCX), arguing that the company's borderline successful artificial quality justifies a terms people good supra wherever shares are changing hands today. SpaceX IPO'd astir 2 weeks ago, and Oppenheimer's $250 SpaceX terms people puts carnal AI squarely astatine the halfway of the semipermanent thesis.

The Physical AI Thesis and $250 Price Target

Horan acceptable a $250 terms people connected SpaceX, with the banal presently trading astir $150 per share. According to Horan, that valuation is "largely based connected what we deliberation they tin bash successful the AI world." Shares slid astir 15% implicit the past week from the $185 level.

Horan said robotics, autonomous vehicles, and machine-to-machine systems, including self-driving cars, trucks, trains, and aircraft, volition beryllium "one of the fastest areas of AI implicit the adjacent 4 oregon 5 years." SpaceX's information advantage, drawn from Starlink's planetary web and conveyance telemetry wrong the broader Musk ecosystem, positions the institution to pb successful some carnal and integer AI workloads.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and SpaceX didn't marque the cut. Grab the names FREE today.

Starlink arsenic SpaceX's Primary Revenue Driver

Horan believes Starlink volition beryllium the company's superior archetypal gross driver, followed by AI infrastructure, and past AI applications, with the second 2 carrying higher maturation and margins. He frames Starlink arsenic a play connected a astir $2 trillion communications market, accessed done a planned mobile-service motorboat built connected a hybrid satellite-and-terrestrial attack that helium likens to the SiriusXM (NASDAQ:SIRI) model.

That framing is akin to however different Wall Street investors presumption the platform. Defiance ETFs CIO Sylvia Jablonski precocious argued that "investors are underestimating SpaceX by viewing it solely arsenic an aerospace company," calling it a multi-platform infrastructure institution progressive successful launch, communications, defense, and AI connectivity, with Starlink poised to transcend expectations. Defiance has built its merchandise lineup astir that view, including the SPCU 2X leveraged ETF and the SPCQ inverse ETF.