Bank of America Sees SpaceX AI as Game Changer | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Aug 7, 2026 · 2m

SpaceX’s stock took a hit after earnings, but Bank of America is betting big—boosting forecasts and giving a “buy” rating based on explosive AI growth. While Wall Street frets over massive spending, BofA sees most of it funding AI infrastructure that’s already paying off in under a year. With new deals with Anthropic and Google looming, AI could soon dominate SpaceX’s revenue—and BofA expects earnings to soar even as cash burns, thanks to a computing shortage that’s currently fueling their edge. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise…