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SpaceX stock rebounds 31% since summer lows amid AI expansion and strong government contracts

Market News
27 Sep 2026
Finbold
View Source
Bullish
SpaceX stock rebounds 31% since summer lows amid AI expansion and strong government contracts

SpaceX's stock has recovered 31% from its summer lows, rising from about $113 in late July to nearly $149 recently. This rebound follows a turbulent post-IPO period where shares fell from a high of $225.64. The company’s growth is driven by its expansion into artificial intelligence through acquisitions like xAI and Anysphere, alongside its core Starlink satellite business. Strong government contracts, including $1.6 billion from the U.S. Space Force and nearly $950 million from NASA, support its commercial launch dominance and future projects like Starship. Investors will watch how SpaceX executes its AI strategy, Starlink growth, and Starship development going forward.

SpaceX's market cap stands at $1.96 trillion as of September 27, 2026, 15:31 WIB, with a trading volume of over 54 million shares on Pluang. The stock price is $148.67, showing a modest 0.43% increase on the day, while the platform sees a strong buy interest with 80% of orders favoring purchases. Typical hold time on Pluang is 38 days, indicating active investor engagement around this industrial giant.

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