US Stock Market Movement | SpaceX (SPCX.US) rises over 5%, Musk expects AI revenue to surpass Starlink
On Monday, SpaceX (SPCX.US) rose more than 5%, trading at $147.90, with a total market capitalization approaching $2 trillions.
According to Jinse Finance APP, on Monday, SpaceX (SPCX.US) rose over 5% to $147.90, with its total market value approaching $2 trillion. Reportedly, the market is reassessing SpaceX’s value, and its AI business has become a core narrative. In the second quarter of 2026, the company's revenue soared 92% year-on-year to $7.8 billion, with AI business revenue surging 247% to $2.56 billion. CEO Musk expects AI-related revenue to soon surpass its core Starlink communications business.
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