Space stocks surged following SpaceX's strong Q3 2026 earnings report, which beat revenue and earnings estimates driven by Starlink growth and new superintelligence initiatives. Intuitive Machines led gains with a 5% rise, followed by Redwire and Planet Labs, both up 4%, reflecting sector-wide momentum. The rally highlights investor optimism about space exploration and infrastructure, but caution remains due to SpaceX's guidance on margins and reliance on government contracts for smaller players. Upcoming SpaceX launches and contract developments will test the sustainability of this rally.
As of Oct 21, 2026 22:02 WIB, SpaceX (SPCX) trades at USD 161.69, up 9.41% for the day but still below its 52-week high of USD 202.09. Intuitive Machines (LUNR), despite a 4.27% rise, remains far from its 52-week high of USD 45.70, trading at USD 10.99. Meanwhile, Redwire (RDW) and Planet Labs (PL) show more modest gains of 2.77% and 2.24%, respectively, with RDW closer to its 52-week low of USD 5.06 than its high of USD 25.90, and PL trading just above its 52-week low of USD 11.16. This contrast highlights varied investor interest across the space sector on Pluang.
Elon Musk projected that SpaceX could reach an annual recurring revenue run rate between $500 billion and $1 trillion by the end of 2027, a figure that would exceed the revenue of any company on Earth today. This ambitious forecast is driven by rapid...
SpaceX shares surged over 8% following a strong Q3 earnings report that beat revenue and EPS expectations, with revenue hitting $14.58 billion versus $12.72 billion forecast and EPS at $0.45 versus $0.13 expected. Analysts responded positively, with ...
AT&T reported Q3 2026 results beating revenue and profit expectations and raised its full-year profit outlook, but its shares dropped 5%. The decline reflects a non-cash impairment charge related to its Mexico wireless business, which AT&T is selling...
Shares of AI cloud providers Nebius and CoreWeave rose about 3% after Elon Musk called concerns about AI infrastructure overcapacity "ridiculous" during SpaceX's Q3 2026 earnings call. Musk emphasized strong demand for compute capacity, noting SpaceX...
Nebius' chief revenue officer revealed that AI computing prices are increasing beyond expectations, signaling strong demand for AI infrastructure. Despite investor concerns over debt and borrowing costs in neocloud companies like CoreWeave, Nebius ma...
