Oppenheimer analyst Timothy Horan set a $250 price target on SpaceX (SPCX), citing a 67% premium based on a physical AI edge in robotics and autonomous systems. Horan stated that robotics, autonomous vehicles, and machine-to-machine systems will be “one of the fastest areas of AI over the next 4 or 5 years.” SpaceX’s data advantage from Starlink’s global network and vehicle telemetry positions it to lead in physical and digital AI over 4–5 years. Starlink’s roughly $2 trillion communications market opportunity through a planned mobile-service launch is the primary revenue driver, with higher-margin AI infrastructure and applications following. Horan set the $250 target with the stock trading around $150 per share, after shares slid about 15% over the past week from the $185 level.