U.S. Stocks Movement: SpaceX Surges on September 29 Due to Starship's First Orbit, Institutional Purchases, and AI Computing Power Leasing

SpaceX September 29 Surge Interpretation

Keywords: Starship’s first orbit, institutional buying, AI computing power leasing

1. On September 28, SpaceX Starship successfully entered Earth's orbit for the first time and deployed 26 V3 satellites during its mission; despite one engine shutting down prematurely, it still completed orbital ignition.

2. On September 29, TD Cowen initiated coverage of SpaceX for the first time, giving a buy rating and a target price of $200; on the same day, multiple institutions maintained buy ratings, with target prices ranging from $200 to $300.

3. On September 29, TD Cowen projected ground-based AI computing power leasing revenue to be $14 billion in 2026 and $66 billion in 2027, expecting this business to become the company’s largest revenue source in the first quarter of 2027.

4. On September 29, Veon's Beeline Kazakhstan partnered with SpaceX to integrate Mobile into the Janymda app, initially providing free connectivity services to users in mobile communication blind spots.

(Disclaimer: This content is generated by AI technology based on public information and is for reference only. It does not constitute investment advice.)