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SpaceX shares hold steady with strong Q2 growth and ambitious $100B revenue target by 2026.

Market News
13 Sep 2026
Seeking Alpha
View Source
Bullish
SpaceX shares hold steady with strong Q2 growth and ambitious $100B revenue target by 2026.

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.

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Elon Musk hints at possible Tesla-SpaceX merger, sparking investor questions on valuation and governance.

Elon Musk hints at possible Tesla-SpaceX merger, sparking investor questions on valuation and governance.

Elon Musk recently hinted at the possibility of merging Tesla and SpaceX, two of the world's most valuable companies, during a public discussion. While no formal deal or board approval exists, Musk's comments have reignited speculation about the bene...

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Tesla and SpaceX stocks rise 27% combined, driven by strong deliveries and Starship success.

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Investors who split $1,000 equally between Tesla and SpaceX two months ago would now see about a 26.8% return, with Tesla shares up nearly 15% and SpaceX shares surging 39%. Tesla's gains followed a strong Q3 delivery report exceeding expectations an...

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SpaceX stock rises 6% after Falcon 9 rideshare launch; Rocket Lab leads with 7% gain amid strong launch demand.

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New ETF targets large language model builders but lacks top AI firms and holds significant Chinese stocks.

New ETF targets large language model builders but lacks top AI firms and holds significant Chinese stocks.

The Global X LLM ETF launched on October 1, 2026, focuses on companies building large language models, with major holdings in Meta, SpaceX, and Alphabet. However, the fund excludes private AI leaders OpenAI and Anthropic, includes about a third of as...

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SpaceX's Starship rocket enables cost-effective satellite launches and potential orbital AI data centers.

SpaceX's Starship rocket enables cost-effective satellite launches and potential orbital AI data centers.

SpaceX's reusable Starship rocket significantly reduces the cost of deploying satellites and opens the possibility for orbital AI data centers powered by solar energy. This could allow SpaceX to control multiple aspects of space infrastructure, from ...

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