SpaceX stock jumped 5% following Elon Musk's announcement renaming its AI unit from SpaceXAI to SpaceXSI, emphasizing 'super intelligence' over artificial intelligence. Morgan Stanley analyst Adam Jonas reiterated an Overweight rating with a $300 price target, citing SpaceX's expected growth as undervalued compared to peers. While the broader space sector and market showed little movement, SpaceX's rally highlights investor optimism tied to this rebranding and growth potential. The next key factor will be how SpaceX advances its SI unit with concrete products or customer wins, and further details on the transition could influence sentiment.
SpaceX shares rose 5.74% to USD 168.08 on Pluang as of Oct 05, 2026 22:02 WIB, reflecting strong investor interest. Rocket Lab declined 1.65% to USD 72.70, while AST SpaceMobile edged up 0.60% to USD 58.80. SpaceX's market cap stands at $2.16 trillion, highlighting its dominant position in the Industrials sector on Pluang.
Elon Musk predicted in August 2026 that SpaceX's AI revenue would exceed all other business segments by September. While AI revenue grew significantly in Q2, it had not yet overtaken Connectivity and Space revenues. The Q3 earnings report, due in lat...
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SpaceX's stock climbed 6% following a successful Falcon 9 rideshare mission deploying satellites for Unseenlabs, signaling strong demand for launch services. Rocket Lab outpaced SpaceX with a 7% gain, reflecting investor optimism about growing orbita...
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...
