According to CoinMeta, after Bank of America Securities surpassed expectations in its SpaceX ( SPCX.O ) second-quarter results, it reiterated its "buy" rating and a target price of $235. The firm stated that both revenue and profitability exceeded expectations, and management strengthened its long-term growth outlook, including achieving annualized revenue of $100 billion by December 2026 and a revenue target of $1 trillion by 2030. Despite concerns about increased capital expenditures and the monetization of artificial intelligence and Starlink, Bank of America remains bullish on the SpaceX's competitive position and has raised its related forecasts.