Physical AI will be one of the fastest areas of AI over the next 4-5 years: Oppenheimer's Tim Horan

• SpaceX plans to launch a Starlink mobile service in the US, directly competing with Verizon, AT&T, and T-Mobile in a $2 trillion communications market.
• Oppenheimer has a $250 price target for SpaceX, primarily based on its potential in the AI world.
• The analyst believes 'physical AI' (for autonomous robots, cars, trucks, and even airplanes/trains) will be one of the fastest-growing areas of AI over the next 4-5 years, enabled by advancements in networks and computing, where SpaceX is positioned to dominate.

Oppenheimer tech analyst Timothy Horan discusses SpaceX's post-IPO strategy, including its plan to launch a Starlink mobile service to compete with major US telecom carriers. He highlights the company's long-term potential in AI infrastructure and applications, particularly 'physical AI,' which he believes will be a significant disruptive force. Oppenheimer has a $250 price target for SpaceX.