[Bernstein Maintains Outperform Rating for SpaceX, Target Price $248] According to Trend Research, Bernstein's research report on September 1 stated that SpaceX is building a new Starship base in Louisiana, planning to support over 30 flights per day, with a long-term investment of at least $100 billion. Bernstein maintains its outperform rating for SpaceX and a target price of $248. The report also reviewed other developments for SpaceX in August: construction of an IGT blade casting plant in Texas; completion of the acquisition of Cursor; Terafab's establishment in Grimes County, Texas, with an initial investment of approximately $16.8 billion; and Starlink's aviation business signing contracts with a total of 46 airlines. Bernstein believes SpaceX is building industrial infrastructure beyond Earth.