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% upside and one firm forecasting nearly 500% gains based on strong revenue growth in AI and connectivity. Key factors to watch include the progress of Texas compute infrastructure and the closing of a major spectrum deal in 2027. The stock trades at a high forward earnings multiple but shows solid profits, differentiating it from peers like Rocket Lab, which also dropped sharply.
Following the recent 20% drop in SpaceX shares, the stock has shown resilience with a 2.13% gain on the day, trading at USD 137.13 as of Nov 09, 2026 21:01 WIB on Pluang. Its market cap stands at $1.82 trillion, reflecting its significant size despite the pullback. Meanwhile, Rocket Lab, another player in the industrials sector, is trading at USD 53.85 with a 1.47% increase, indicating some recovery after its own sharp declines.
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, su...
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...
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...
