How Benzinga’s view on $SPCX changed

Channel profile →This channel has 5 credited speakers: Counterpoint Research, Lion, Third party cited in the quote, Tim Melvin / Lawrence Chang, Timothy Horan (Oppenheimer)1 entry
2026-09-03Bullish
“$SPY Futures Rise as Trump Says 'Market Will Go Up' | PreMarket Playbook | September 3, 2026”Timothy Horan (Oppenheimer)
SpaceX is a credible AI rival due to Cursor acquisition and Grok growth; Oppenheimer raised PT to $280.

SpaceX was nowhere in AI just six months ago. Now it's an anthropic rival after the $60 billion cursor deal. And that is according to Oppenheimer. By the way, I talked to one of my long-standing developer friends who's developed everything under the sun, it seems.

And he said that this cursor acquisition is not a joke. In long term, this is going to be extremely impressive. went on to praise Grock, uses Claude, um but also said, you know, Grock is is really incredible and has made some serious strides.

Was very impressed with what I was able to do and was doubly impressed that someone who's not a traditional developer. Actually chose a command line interface that gives you diffs and developer terms.

Didn't understand why that was the case. Turns out I'm learning a shitload about development and that is helping me do what I need to do. Sorry for swearing.