SpaceX is positioning itself as a future leader in AI cloud computing, with plans to reach 10 gigawatts of compute capacity by 2027 and achieve $100 billion in annual recurring revenue by the end of the year. The company is securing short-term compute deals that improve its economics and support its ambitious growth in AI compute power. However, significant risks remain, including challenges with power supply, chip availability, and scaling space-based data centers. Despite these risks, the stock is considered attractive at current valuations, especially for investors confident in Elon Musk's vision and SpaceX's long-term growth potential in the AI cloud market.
SpaceX's ambitions in AI cloud computing provide context for the Technology sector's performance on Pluang. As of Sep 18, 2026 23:41 WIB, among 150 priced Technology-sector US stocks tradable on Pluang, 42 rose and 107 fell. Notable movers include Lam Research Corporation (LRCX) at USD 283.60 with a 1-day change of +5.31% and 100% buy order activity, Asana Inc. (ASAN) at USD 9.59 down -4.96%, and VNET Group Inc. (VNET) at USD 6.39 up +4.93%, with typical hold times ranging from 15 to 59 days.
Shares of TJGC Group Limited jumped nearly 54% after announcing plans to expand into AI hardware, led by new leadership in electronics manufacturing. Forward Industries rose 24% following an updated acquisition proposal for SkyAI, offering a 50% prem...
On Holding, a Swiss athletic shoe company, is expanding into the global football market by partnering with soccer star Kylian Mbappé, who leaves Nike after nearly 20 years. This marks On Holding's first venture into football cleats and apparel, lever...
Lument Finance Trust's Board of Directors has suspended the quarterly dividend on its common stock starting with the third quarter of 2026. This decision aims to preserve capital and maintain financial flexibility while still meeting REIT taxable inc...
Hybrid Power Solutions Inc., a Canadian clean energy company, has closed a non-brokered private placement raising CAD 617,500 by issuing 12.35 million units at CAD 0.05 each. Each unit includes one common share and one warrant exercisable at CAD 0.06...
Costco's new same-day delivery deal with DoorDash caused Instacart's stock to drop, but Instacart still powers Costco's branded sites and expanded internationally. The market reacted sharply, yet analysts remain optimistic with a $58 price target, ci...
