SpaceX (SPCX.US) shares rebound nearly 16% in three days, Deutsche Bank bets the rally isn’t over! $250 target aims at AI computing power leasing as the main driver

Wisdom Finance APP has learned that a new research report from Deutsche Bank indicates that the performance growth focus of the “AI + Space Exploration” giant SpaceX (SPCX.US), founded and led by Musk, is rapidly shifting from its Starlink satellite internet platform towards ground-based AI computing power infrastructure. Deutsche Bank expects that AI computing power leasing is set to contribute more than half of this tech giant's revenue in the fourth quarter; senior analyst Edison Yu from Deutsche Bank has raised his quarterly revenue forecast to $24.5 billion, about 8.4% higher than the Wall Street consensus estimate of $22.6 billion, and expects the gross profit margin to approach 60%.