Investment
Features
FeesSafety
Academy
More
Pluang+

SpaceX's AI division renamed thrice since Feb, Elon Musk hints fourth name amid $2.56B Q2 revenue surge.

Market News
06 Oct 2026
24/7 Wall Street
View Source
Neutral
SpaceX's AI division renamed thrice since Feb, Elon Musk hints fourth name amid $2.56B Q2 revenue surge.

SpaceX's AI division, which generated $2.56 billion in Q2 2026 revenue, has been renamed three times since February, with Elon Musk suggesting a fourth name, SpaceXSI, following a federal push to replace 'AI' with 'Super Intelligence.' Despite the rebranding, the division's financials remain unchanged, with significant capital spending on AI infrastructure and a net loss reported. Investors are advised to watch for formal announcements and focus on revenue growth relative to high compute costs in upcoming reports.

SpaceX shares trade at USD 171.98 on Pluang as of Oct 07, 2026 03:12 WIB, showing a modest 0.52% gain in the past day. Despite the AI division's multiple rebrandings and reported net loss, the company's market cap remains substantial at $2.32 trillion. Investor activity on Pluang is fairly balanced with 53% selling and 47% buying, reflecting cautious interest ahead of further financial disclosures.

More News (SPCX)

SpaceX stock short volume hits two-week high amid rally and potential short squeeze

SpaceX stock short volume hits two-week high amid rally and potential short squeeze

SpaceX stock's short volume ratio reached a two-week high of 61.02 on October 6, signaling increased bearish bets despite a strong three-day rally that lifted the share price nearly 18%. The rally, driven by positive developments including analyst op...

Market News
Bullish
5 hours ago
SpaceX gains 2% as Morgan Stanley highlights limited buying window; AST SpaceMobile and Rocket Lab jump higher.

SpaceX gains 2% as Morgan Stanley highlights limited buying window; AST SpaceMobile and Rocket Lab jump higher.

Morgan Stanley's bullish note on SpaceX, emphasizing undervaluation of its compute business, sparked a rally in the commercial space sector. SpaceX shares rose 2%, while AST SpaceMobile and Rocket Lab surged 8% and 5%, respectively, reflecting broade...

Market News
Bullish
22 hours ago
Elon Musk's net worth tops $1 trillion after SpaceX shares jump 15% in two days.

Elon Musk's net worth tops $1 trillion after SpaceX shares jump 15% in two days.

Elon Musk's net worth surpassed $1 trillion following a 15% rise in SpaceX shares over two trading sessions, driven by an analyst's bullish note and institutional underweight positioning. Despite the rally, SpaceX shares remain 24% below their June p...

Market News
Bullish
1 day ago
SpaceX shares jump 8%, nearing $225 with strong options activity and Morgan Stanley $300 target.

SpaceX shares jump 8%, nearing $225 with strong options activity and Morgan Stanley $300 target.

SpaceX shares surged 8% to $171, climbing nearly 50% from recent lows and reclaiming its IPO price, boosting CEO Elon Musk's net worth. Morgan Stanley reiterated a $300 price target, while the company's Falcon 9 rocket set a record delivering astrona...

Market News
Bullish
1 day ago
ChatGPT projects SpaceX stock could rise 23% to $210 by end of 2026 amid AI and Starlink growth.

ChatGPT projects SpaceX stock could rise 23% to $210 by end of 2026 amid AI and Starlink growth.

OpenAI's ChatGPT forecasts SpaceX stock reaching around $210 by Q4 2026, a 23% gain from its recent price, driven by growth in AI, Starlink, and launch services. Key catalysts include a potential semiconductor partnership with TSMC and strong financi...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App