Velo3D (VELO) shares surged over 30% after announcing partnerships with SpaceX and Anduril. VELO’s RSI hit 71.33, signaling a potential pullback. SpaceX operates 25 VELO machines with plans for expansion in 2026. VELO is in talks for more equipment purchases, showing sustained demand. The Anduril partnership could boost revenue growth. VELO’s focus on defense and space applications is paying off, with Q3 revenue exceeding expectations at $13.64 million. The global 3D printing market for titanium powder is projected to reach $1.40 billion by 2032, making VELO stock a strong long-term investment. Wall Street firms have a “Strong Buy” rating on VELO, with potential for upward revisions following recent partnerships.

Read more at Yahoo Finance: SpaceX and Anduril Are Teaming Up with 1 Little-Known Stock. Should You Buy Its Shares Today?