TD Cowen starts SpaceX at Buy on AI, Starlink growth

[Space X Launches First Civilian Mission To Space] Joe Raedle/Getty Images News TD Cowen on Monday initiated coverage of Space Exploration Technologies Corp. (SPCX [https://seekingalpha.com/symbol/SPCX]), better known as SpaceX, with a Buy rating, citing a potentially massive opportunity in artificial intelligence computing alongside continued growth in Starlink and launch services. The brokerage said SpaceX’s (SPCX [https://seekingalpha.com/symbol/SPCX]) terrestrial AI compute-leasing business could become its largest near-term revenue opportunity. TD Cowen estimates AI compute leasing could generate about $14 billion of revenue in 2026, equal to roughly 35% of SpaceX’s (SPCX [https://seekingalpha.