SpaceX reported a 161% year-over-year revenue increase in Q3, reaching $14.6 billion, driven largely by AI-related contracts with Anthropic and Google. The company projects revenue between $33 billion and $37 billion for the first quarter of 2027, supported by $26 billion in annualized contracted revenue and a $63 billion backlog. Despite this explosive growth, SpaceX shares trade below IPO price due to limited stock availability and staggered lockups, with a major lockup expiring in December. The company is rated a high-conviction buy below IPO price, though risks include cash burn, contract concentration, and potential customer churn.
Following SpaceX's strong revenue growth and upcoming lockup expiration, its shares have gained momentum. On Pluang, SPCX trades at USD 137.13, up 2.13% as of Nov 09, 2026 21:01 WIB. Despite this rise, the stock remains well below its 52-week high of USD 202.09, reflecting ongoing market caution amid the company's rapid expansion.
Despite a recent 22% drop from its October peak and a 17.41% decline over the last 30 days, SpaceX stock is forecasted to rebound strongly. Analysts from Stifel Nicolaus, Barclays, and Deutsche Bank maintain 'Buy' ratings with price targets ranging f...
SpaceX's stock fell nearly 20% in the past month due to a Democratic sweep in Texas, raising concerns about regulatory hurdles for its AI and data center expansion. Despite this, analysts remain bullish, with an average price target suggesting 91% up...
Elon Musk revealed that SpaceX might acquire an established telecom company to utilize its spectrum ten times more effectively, though no specific target was named. SpaceX already owns significant spectrum licenses and plans to close on more by mid-2...
At the Baron Investment Conference, billionaire Ron Baron estimated Elon Musk's Terafab chip venture could cost $1 trillion over time, a figure Musk did not dispute. Terafab aims to produce a terawatt of AI chips annually, vastly exceeding current gl...
AST SpaceMobile announced plans to develop its own reusable rocket, Blacklift, powered by Firefly Aerospace engines, targeting launches starting in late 2028. This move aims to reduce dependence on SpaceX and other launch providers but involves signi...
