SpaceX’s price targets were raised by Bernstein and Deutsche Bank after a review of the company’s AI infrastructure strategy—an uncommon move for a private firm. The analysts cited the rapid expansion of SpaceX’s data‑center footprint and the potential for increased demand for satellite‑based AI services, suggesting that the current valuation may still be conservative. Compared to last quarter’s market chatter, the new targets reflect a shift in perception, though no specific percentage uplift was disclosed. Investors are now watching for official guidance on the company’s long‑term capital allocation and potential IPO plans, which could influence the next round of price target revisions. The broader tech sector remains cautious, but the focus on AI infrastructure is expected to keep SpaceX in the conversation as a high‑growth contender.