SpaceX (SPCX) Lands Rare Double Upgrade As Compute Demand Tightens Supply

Space Exploration Technologies (NasdaqGS:SPCX) received a rare double upgrade from Phillip Securities on 25 October 2026, moving from sell to buy. Phillip Securities cited stronger than expected demand for SpaceX compute capacity, pointing to constrained availability across its infrastructure footprint. The broker also referenced higher pricing on renewed compute contracts, indicating recent agreements are being signed on revised commercial terms. This double upgrade on SpaceX, driven by...