SpaceX (SPCX) Stock Pops 3% Premarket as Musk Revisits Terafab Plans With TSMC

TLDR SpaceX (SPCX) stock rose about 3% in Monday premarket trading after falling 6% on Friday to close at $134.72. Bloomberg reported Anthropic made up 34.5% of SpaceX’s third-quarter revenue, raising customer concentration concerns. DigiTimes says Musk reopened Terafab talks with TSMC, a possible shift from his October stance. Colossus 2 is expected to hold about 1.2 million Nvidia Blackwell chips by the end of the year. Analysts rate the stock Strong Buy with a $250.34 average price target, implying 86% upside. SpaceX (SPCX) stock was up about 3% in Monday premarket trading. That follows a 6.37% drop on Friday, when it closed at $134.72, down $9.17 on the day. Space Exploration Technologies Corp., SPCX The day’s range on Friday was $134.50 to $140.20.

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