SpaceX remains a buy as its shares show resilience amid market volatility and lock-up expirations. The company reported a 90% revenue increase in Q2 to $7.8 billion and reduced net losses, driven by aggressive AI expansion and strong growth in Starlink subscribers. Management aims for a $100 billion annual revenue run-rate by December 2026, with AI as the key growth driver and new major cloud contracts secured. While valuation assumptions are high, technical indicators suggest a bullish outlook, with potential price targets between $170 and $175 if the stock breaks above $155, supported near its IPO price.
SpaceX stock has gained nearly 22% over the past two months, driven by investor interest in its expanding business beyond rockets, especially Starlink's satellite internet and new mobile telecom ventures. The company plans to acquire $8 billion in wi...
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
SpaceX's Starlink is expanding its mobile service by acquiring up to 14 MHz of low-band spectrum, challenging major US wireless carriers like AT&T, Verizon, and T-Mobile. This spectrum will improve Starlink Mobile's coverage by allowing signals to tr...
SpaceX's purchase of nationwide low-band spectrum enables its Starlink service to operate as an independent cellular network, challenging traditional carriers Verizon and AT&T, whose stocks fell 7% amid fears of increased competition. This move expan...
SpaceX went public at a record $1.77 trillion valuation and has since grown to over $2.1 trillion as of October 9, 2026. Early investors have seen significant gains, with the stock price rising from $135 at IPO to $166.69 in pre-market trading. Howev...
