Shares of major space companies like SpaceX, Rocket Lab, and AST SpaceMobile dropped Tuesday, driven by a broad selloff in AI hardware stocks and rising Treasury yields. While the overall Industrials sector gained, space stocks—classified under Industrials but characterized by high capital needs and future cash flow pricing—fell sharply due to their growth profile being vulnerable to higher interest rates. The selloff follows a strong month of gains fueled by solid earnings, but rising yields and risk-off sentiment are pressuring these long-duration growth stocks. Investors will watch if semiconductor stocks stabilize or if yields continue to rise, which could further impact space stocks.
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...
Intuitive Machines' stock dropped 30% in the past month, significantly underperforming the broader space sector and peers like Rocket Lab and SpaceX. The decline reflects investor concerns over the company's reliance on a few large government contrac...
The AI trade remains strong as Anthropic files for an IPO showing 1300% revenue growth and reduced losses, while SpaceX secures $40B in debt financing for GPU purchases to boost its AI/cloud capabilities. Meta, NVIDIA, AMD, and Broadcom's commitments...
US Representative Maria Elvira Salazar sold between $1,001 and $15,000 of SpaceX stock on September 24, 2026, shortly after purchasing shares in August. SpaceX, which went public in June 2026 with a $1.77 trillion valuation, has attracted interest fr...
