The Pentagon has appointed Elon Musk, along with Palmer Luckey and Newt Gingrich, to lead Project Meridian, a 120-day study to guide the development of future US military weapons and systems. The study covers advanced technologies like AI, robotics, directed energy, and biotechnology, with recommendations due by January 28, 2027. SpaceX, Musk's company, already holds $8 billion in defense contracts, linking Musk's advisory role to significant government business. While the study won't set policy directly, its findings could influence future defense funding and procurement decisions.
SpaceX shares trade at USD 149.54 on Pluang as of Oct 02, 2026 15:41 WIB, up 0.99% for the day. The stock's market cap is $1.99 trillion with a 52-week range between $108.27 and $202.09. Despite heavy selling pressure at 72%, typical holding time is 39 days, showing steady investor interest amid Musk's growing defense role.
Rocket Lab secured its largest-ever Electron launch contract with Tokyo-based Synspective for 20 missions over several years, pushing its launch backlog beyond 100 missions. This multi-year deal, combined with a new Buy rating and $105 price target f...
SpaceX will launch Planet Labs satellites equipped with Google's tensor processing units (TPUs) on the Transporter-18 mission, marking the first in-orbit test of Alphabet's Project Suncatcher. This initiative aims to develop solar-powered AI computin...
Shares of AST SpaceMobile rose 5% following a disclosure of a change-of-control severance policy for senior executives, sparking takeover rumors. While the policy does not confirm any acquisition talks, it fueled investor speculation amid the company...
Tesla and SpaceX both reported aggressive spending strategies this summer, aiming to invest heavily now and profit later. Tesla's revenue grew 25.5% but its operating margin is thin, while SpaceX saw 92% revenue growth driven by AI and Starlink expan...
Various AI models forecast a moderate increase in SpaceX stock price by the end of October 2026, with estimates ranging from $147 to $162.50. Positive factors include recent successful rocket launches and anticipated earnings reports, while concerns ...
