SpaceX (SPCX) may get a Nasdaq 100 weight boost at the Sept. 21 rebalance, driving passive-fund buying despite lockup risks.

Bloomberg reported that Elon Musk said Space Exploration Technologies Corp. (NASDAQ:SPCX) first AI satellites, powered exclusively by NVIDIA Corporation (NASDAQ:NVDA) chips, will launch in the fourth quarter of 2027 and reach “significant scale” in 2028,

SpaceX (SPCX) stock trades at $147.95 after an 18% monthly rally, with analysts setting a median 12-month target of $216 and Q2 revenue up 92%.

Stock index futures were muted on Friday as investors turned their focus to the key labor report. Here are four stocks to watch on the day: SpaceX (SPCX) was up 0.08% in premarket trade as renewed attention on the company’s plans to expand into energy and AI-related infrastructure drew investors back to the stock.

CNBC reported that OpenAI said it will end model access through Cursor on November 12, following Space Exploration Technologies Corp. (NASDAQ:SPCX) $60 billion all-stock acquisition of Cursor’s parent company,

Reuters reported that President Donald Trump bought between $15,001 and $50,000 in Space Exploration Technologies Corp.

Space Exploration Technologies (SpaceX) SPCX-1.20% stock finally made its public debut in the largest IPO in history. Right off the bat, the space and AI conglomerate is one of the 10 largest companies on Earth and bigger than Elon Musk's other mega-cap, Tesla

Pivotal Research Group on Tuesday initiated coverage of Space Exploration Technologies ( SPCX) with a Buy rating and a year-end 2027 price target of $220, arguing that reusable Starship vehicles could transform the economics of satellite communications, space launches and artificial-intelligence infrastructure.