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Velo3D stock surges as SpaceX confirms use of its technology in latest Raptor engine.

Market News
16 Jun 2026
Evette Mitkov
View Source
Bullish
pluang ai news

Velo3D shares jumped over 9% following confirmation by CEO Arun Jeldi that SpaceX's latest Raptor engine is built entirely using Velo3D technology. The company has supplied machines for SpaceX since 2018 and is currently producing parts for the next-generation Raptor 4 engine. Velo3D's stock shows strong technical momentum, trading well above key moving averages, though it may face resistance near $26.50. This partnership highlights Velo3D's growing role in aerospace manufacturing and could drive further demand for its advanced 3D printing solutions.

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