[Argus Research Upgrades SpaceX Rating to 'Buy,' Target Price $160] BlockBeats News, August 7: Independent equity research firm Argus Research has upgraded SpaceX from Hold to Buy, with a target price of $160. The upgrade is based on the company's revenue reaching $7.8 billion, a year-over-year increase of 92%, and an expected revenue run rate approaching $100 billion by the end of 2026. Following SpaceX's IPO in June 2026, its stock price has experienced significant volatility and is currently trading around $110. This upgrade reflects analysts' long-term confidence in the company's growth in space launches, the Starlink satellite network, and AI infrastructure integration. Despite risks such as rising AI expenditures and stock price fluctuations, Argus remains optimistic about SpaceX's operational performance and outlook, aligning with the overall Buy rating trend from most Wall Street institutions for the stock.