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SpaceX wins the goal of increasing AI and data center growth. But is it a purchase?
Business

SpaceX wins the goal of increasing AI and data center growth. But is it a purchase?

jack colman
By jack colman
October 29, 2026 1 Min Read
Comments Off on SpaceX wins the goal of increasing AI and data center growth. But is it a purchase?

SpaceX received another price target increase as Morningstar raised its estimates as Elon Musk’s rocket and AI company amid its data center expansion efforts and recent third-quarter beat. SPCX stock has been trading lower this week as it moves away from technical resistance. Morningstar analyst Nicolas Owens, in a report released Wednesday, congratulated Space Exploration Technologies (SPCX) on its third-quarter results…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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jack colman
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jack colman

**Jack** is a staff journalist and digital content writer at **DailyVoxa**, specializing in breaking news, technology, artificial intelligence, business, and global affairs. He is passionate about transforming complex topics into clear, accurate, and engaging stories that help readers stay informed.With a strong focus on fact-based reporting and thorough research, Jack monitors developing events, analyzes reliable sources, and delivers timely news with clarity and context. His work emphasizes accuracy, transparency, and editorial integrity while avoiding sensationalism.At DailyVoxa, every article written by Jack follows the publication's Editorial Policy, Fact-Checking Policy, and Ethics Policy. He is committed to providing trustworthy journalism that empowers readers with reliable information and meaningful insights into the stories shaping the world.

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