SpaceX Talks Pentagon AI Data Center Deal Amid Stock Slide
Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- SpaceX is in discussions to supply the Pentagon with computing power, according to WSJ, amid broader U.S. efforts to integrate AI into defense systems
- Pentagon is exploring partnerships with private tech firms for AI infrastructure, with SpaceX emerging as a potential provider of high-performance computing resources
- SpaceX stock is currently trading at ~$132.62, below its $135 IPO price, marking a sharp decline from a June peak of $201.80 and a prior high of $225
- Retail investors who purchased SpaceX shares at $192.50 are facing approximately 27% losses, while even IPO investors are now slightly underwater
- Analyst targets for SpaceX stock show extreme divergence, ranging from a bearish $75 (Jonas) to a bullish $900 (Godyn), reflecting deep uncertainty over Starship and Starlink timelines
Why it matters: SpaceX’s push into defense computing comes as its stock faces downward pressure, exposing a gap between investor expectations and near-term fundamentals. The $52+ drop from peak to current price affects retail and passive investors alike, while the Pentagon deal could open a new revenue stream if secured.
.png)
