According to CoinMeta, JPMorgan Chase stated that the opportunities for SPCX are expanding, and reiterated its overweight rating and target price of $240. The firm believes that the acquisition of Cursor is a major catalyst. This coding platform generates approximately $4 billion in annual revenue, of which 75% comes from corporate clients. JPMorgan Chase expects that Cursor will accelerate the corporate adoption of SpaceX, unlock valuable training data, and enhance the performance of Grok.