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News 2026-10-05 12:18 UTC

SpaceX Stock Jumps as Musk Adopts Trump 'Super Intelligence' Term

SpaceX stock is in focus Monday after CEO Elon Musk said the company plans to rename its artificial intelligence unit SpaceXAI to SpaceXSI, adopting a term favored by President Donald Trump. Shares of SpaceX were up more than 7% in early Monday trading.