Movement Alert|SpaceX Rises 3.22% in Regular Trading, Crew-13 Speed Record and AI Compute Client Expansion Boost Sentiment

Market Focus
Oct 02

On October 2, SpaceX rose 3.22% in regular trading, trading at approximately $155.84/share, with turnover of $24.11 billion. The rally was driven by a dual catalyst: a landmark NASA Crew-13 mission and accelerating momentum in the company's AI compute leasing business.

On the aerospace front, SpaceX successfully launched the Crew-13 crewed spacecraft for NASA, delivering four astronauts to the International Space Station in just eight hours — setting a new U.S. spaceflight speed record. Meanwhile, the company's AI division is in active discussions with Microsoft over server compute capacity leasing. Anthropic has signed an agreement worth up to $84.5 billion for access to SpaceX's AI compute resources through 2029, with a $1.1 billion monthly contract set to commence in December. SpaceX also plans to deploy approximately 420,000 Nvidia processors in November to meet surging demand.

Separately, analysts at CLSA reiterated an Outperform rating on SpaceX with a $250 target price, while Montreal Bank lowered its target from $280 to $250.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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