SpaceX is undervalued at ~$150 with a $250 price target, driven by its ability to build AI infrastructure and disrupt the $2 trillion communications market via Starlink's improving mobile service; the company's engineering strength and unique data position it to dominate both physical and digital AI.
Physical AI will be the fastest-growing AI area over the next 4-5 years, and Tesla has a unique technology position to lead in self-driving cars, trucks, robotics, and other autonomous applications, making it a buy right now.