Pentagon Taps Elon Musk To Help Military Decide Which Weapons To Build Next. Musk's Company SpaceX Already Holds $8 Billion In Defense Contracts

Impact · against what's priced in

The appointment of Elon Musk to Project Meridian provides a potential catalyst for SPCX by creating a direct channel to influence the FY2027 space budget, which the current price largely declines. While government revenue growth is already priced in, the shift from a vendor to an advisor on future warfare weapons adds a new, non-priced growth option. The mentions of TSLA and PLTR are non-material relative to their specific valuation cruxes.

SPCX+0.30

Challenges what's priced in