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SpaceX bear flips to big bull because of AI business. Analyst now sees 70% gain

CNBC World •
October 23, 2026 • 11:02 AM
• By Davis Giangiulio
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PhillipCapital moved its rating on the Elon Musk giant to buy from sell, with the bullishness stemming from the company's AI business.

SpaceX bear flips to big bull because of AI business. Analyst now sees 70% gain

PhillipCapital moved its rating on the Elon Musk giant to buy from sell, with the bullishness stemming from the company's AI business.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
BBC News
6h ago
Elon Musk’s SpaceX to attempt double catch of Starship rocket

Elon Musk’s SpaceX to attempt double catch of Starship rocket

Elon Musk’s company will try to grab both parts of the rocket for the first time.

#elon-musk #spacex
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CNN International
14h ago
SpaceX’s latest rocket move could change spaceflight forever | CNN

SpaceX’s latest rocket move could change spaceflight forever | CNN

For decades, space travel has meant throwing away millions of dollars on one-time-use rockets and parts. Enter Starship. If Elon Musk’s SpaceX can “catch” its latest spaceship after it reenters Earth’s atmosphere, the company could change space exploration forever.

#elon-musk #spacex
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The Guardian
14h ago
Russia strikes hospital in central Kyiv after SpaceX system falters again

Russia strikes hospital in central Kyiv after SpaceX system falters again

Volodymyr Zelenskyy says speed restrictions on Starshield system made it harder for Ukraine to shoot down drones

#spacex #gain
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The Verge
2h ago
SpaceX Starship launch successful, but a booster went boom instead of sticking the landing.

SpaceX Starship launch successful, but a booster went boom instead of sticking the landing.

[Media: https://www.youtube.com/watch?v=9XM0lpVlvo0] NASASpaceFlight (below) has multiple angles of the booster explosion if you scrub back. Today was supposed to be the first time in history that an entire orbital launch system would be recovered, but that milestone will have to wait. The Starship itself has already deployed 22 payloads though, and it may still be able to return to SpaceX’s Starbase.

NPR News
16h ago
SpaceX's giant rocket may leave NASA in the dust

SpaceX's giant rocket may leave NASA in the dust

As it races to develop its new massive rocket, the space launch company is preparing to retire NASA's main ride to the International Space Station.

The Australian Financial Review (AFR)
1d ago
SpaceX and Tesla on track for merger as soon as December

SpaceX and Tesla on track for merger as soon as December

The merger would be a blockbuster for Wall Street’s dealmakers, creating a conglomerate housing EVs, energy storage batteries, rockets and satellites.

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