Fantastic News for SpaceX Stock Investors

SpaceX is reportedly in talks to access 80,000 U.S. cell sites, potentially becoming a fourth wireless carrier. Crown Castle and American Tower saw after-hours gains, while carriers like Verizon, AT&T, and T-Mobile lost earlier gains. SpaceX's stock rose slightly after a daytime drop. No lease has been signed, and details remain uncertain. Analysts estimate a nationwide network could cost over $80 billion.

Space Exploration Technologies Corp. (SPCX) stock rose 2.2% after securing a multibillion-dollar NASA contract and reporting Q3 revenue of $14.58B and net profit of $4.40B. The company is also exploring a merger with Tesla, and its stock has seen significant volatility. SPCX is trading between $143 and $167, with traders watching for the next big move.

SpaceX (SPCX) stock rose 2.25% after securing a major contract. The company reported Q3 revenue of $14.6B, profit of $4.4B, and strong cash flow. SPCX's valuation is high, with a P/S ratio of 176. Merger talks with Tesla and AI-driven growth are driving interest, but geopolitical risks and high capex spending pose challenges.

Space Exploration Technologies (SpaceX) stock rose 2.0% in pre-market trading after reports of talks with cellular infrastructure firms, including Crown Castle, to access 80,000 cell sites in the U.S. Analysts view this as a step toward building a fourth national wireless network. Bank of America and JPMorgan raised their price targets and maintained bullish ratings. The stock's gain is driven by company-specific news, not broader market trends.

SpaceX (SPCX) shares dropped 9.1% on Thursday due to AI funding concerns and uncertainty over a potential Tesla merger. The company reported $16B in capital expenditures and projected $35B-$40B more for Q4, with negative free cash flow. Meta's similar financials added to AI funding narrative worries. Reuters reported potential merger talks with Tesla may face scrutiny and delays.

SpaceX (SPCX) is in talks to access 80,000 U.S. cell sites, including negotiations with Crown Castle (CCI), to build a nationwide wireless network. The initiative, backed by FCC approval and spectrum acquisitions, aims to challenge incumbent carriers. CCI stock surged 10% post-earnings on potential leasing deals.