SpaceX shares rose 4% following Pivotal Research's initiation of coverage with a Buy rating and a $220 price target, significantly above current levels. The boost reflects strong growth in SpaceX's AI compute, Starlink, and launch businesses, with Q2 2026 revenue hitting $7.81 billion and AI segment revenue up 247% year-over-year. However, potential share supply from insider lock-up expirations remains an unresolved risk. Other space stocks like Intuitive Machines and Rocket Lab also gained, indicating a broader sector rally. Investors should watch for further analyst coverage and monitor supply risks before increasing positions in SpaceX.
Intel's stock surged nearly 20% recently, prompting Northland Securities analyst Gus Richard to upgrade it from 'Market Perform' to 'Outperform' with a $120 price target. The upgrade is driven by Intel's strong pricing power, major capital investment...
Wall Street analyst Jeffrey Wlodarczak from Pivotal Research initiated a 'Buy' rating for SpaceX stock, highlighting Starship's reusability as the critical factor for the company's growth and valuation. He set a 12-month price target of $220, suggest...
President Trump declared the Moon as U.S. property on social media, though this does not change the 1967 Outer Space Treaty. However, the U.S. Fiscal Year 2027 budget boosts the Space Force funding by $39.4 billion to $71.2 billion, driving record co...
Over the past year, SpaceX attracted over $7 billion from 108 institutional investors, with no reported sellers, highlighting strong confidence in its growth prospects. Key drivers include the expansion of Starlink, government contracts, and the upco...
The satellite industry is shifting focus from rockets to controlling radio spectrum for direct-to-handset connectivity. The FCC's new Supplemental Coverage from Space authorization enables satellites to beam service directly to ordinary smartphones. ...
