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.

I don't think most people understand what Elon Musk's remark actually implies when he says 2027 compute could be closer to 10 GW than 5 GW.