SpaceX wins the goal of increasing AI and data center growth. But is it a purchase?

SpaceX received another price target increase as Morningstar raised its estimates as Elon Musk’s rocket and AI company amid its data center expansion efforts and recent third-quarter beat. SPCX stock has been trading lower this week as it moves away from technical resistance. Morningstar analyst Nicolas Owens, in a report released Wednesday, congratulated Space Exploration Technologies (SPCX) on its third-quarter results…