SpaceX (SPCX) stock is down 9% over the past month and closed at $134.70, near its $135 June IPO price, even as third-quarter revenue rose 161% to $14.6 billion. Its AI segment, Super Intelligence, generated $7.6 billion of revenue and absorbed $16.4 billion of the quarter's $19.6 billion in capex, while the Connectivity segment earned $2.4 billion of $2.8 billion in operating income. Bloomberg identified Anthropic as the customer behind 34.5% of third-quarter revenue, and Anthropic's IPO filing says it agreed to spend up to $120.5 billion with SpaceX through 2029, though either side can cancel on 90 days' written notice once initial noncancelable periods end in January and March 2027. The average analyst target rose from about $224 to $257.11 after the third-quarter report, 91% above Friday's close.
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META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/30/2026 | 614.98 |
| Change that session | -1.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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