Robert Reich, former Clinton Labor Secretary, called on Democrats to lay the groundwork for nationalizing SpaceX, citing its heavy reliance on government contracts, especially for Starlink services used by the Department of Defense. SpaceX, now a public company valued at about $2 trillion, has significant retail investor ownership following its June IPO. Elon Musk responded by threatening legal action against Reich, who remains undeterred and plans to continue his criticism, particularly regarding SpaceX's role in U.S. foreign policy decisions. While no official policy supports nationalization yet, investors should watch for any political developments post-midterms and changes in SpaceX's government contracts that could impact the company's future.
As of Oct 28, 2026 16:51 WIB, SpaceX (SPCX) trades at USD 149.65 on Pluang, up 0.72% for the day. This price is closer to its 52-week low of USD 108.27 than its high of USD 202.09, reflecting a significant range in valuation over the past year. Retail investors on Pluang show a balanced sentiment with 53% buying and 47% selling, holding the stock for an average of 45 days.
SpaceX's Q3 revenue jumped 161.4% to $14.575 billion, mainly fueled by its AI computing segment becoming the largest revenue source. Despite this growth, the company faces challenges with negative free cash flow and high capital expenditures exceedin...
Tesla shares rose 4% following ARK Invest's reaffirmation of a $4,400 long-term price target by 2031, driven by confidence in Tesla's robotaxi and Full Self-Driving businesses. Tesla's autonomy plans, including Cybercab rides in Austin, are central t...
Small-cap space stocks are rebounding sharply after a tough month, with Intuitive Machines surging 9% due to a record $1.76 billion backlog and increased defense contracts, including an 18-spacecraft award for missile defense. Rocket Lab also gained ...
Tesla's sell ratings have dropped to just 8.3% of analyst coverage, the lowest in over 11 years, as merger speculation with SpaceX drives optimism. Despite no signed deal, several analysts upgraded Tesla, citing the potential merger as a key bullish ...
SpaceX ended Q3 with 1.7 gigawatts (GW) of compute capacity and generated $7.6 billion in Systems Integration (SI) revenue, with deployments accelerating. The company aims to expand its compute capacity to 13 GW by the end of 2027. Starlink contribut...
