---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000975358.md"
description: "$SpaceX(SPCX.US)🚀 SpaceX Jumps 8.62%- Is the Sell‑Off Finally Over?SpaceX rose 8.62 % to US$134.15, bouncing back strongly after a sharp drop. What is driving the recovery? The main trigger seems to be a broader rebound in tech and AI stocks rather than any major company news.Here are key developments to watch:🔹 Ambitious Growth Outlook: Elon Musk shared a bold vision. He sees SpaceX hitting over US$500 billion in annual recurring revenue by December 2027. The company is also rapidly expanding its AI solutions and infrastructure business.🔹 Shifting Revenue Mix: Commercial activity is growing while government‑related revenue is expected to decline. Deutsche Bank keeps a Buy rating and US$250 price target.🔹 Risks Remain: Political uncertainty, potential data‑centre restrictions and massive AI infrastructure spending could weigh on profits.🔹 Technical View: RSI climbed to 43.42 but sits below 50. The broader downtrend has not yet reversed. US$150 is the next key level to watch. A clear break above it would signal improving momentum.SpaceX has an exciting story but big ambitions do not always mean good value at any price. Is this the start of a fresh rally or just a relief bounce? Any comment, let’s discuss👇Disclaimer: For information only, not financial and investment  advice. Please do your own due diligence."
datetime: "2026-11-06T23:03:24.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000975358.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000975358.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000975358.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $SpaceX(SPCX.US)🚀 SpaceX Jumps 8.62%- Is the Sell‑…


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## Comments (2)

- **Mochi · 2026-11-07T02:34:32.000Z**: Y
- **successful · 2026-11-07T00:16:09.000Z**: Y


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**