{
  "id": 5985493,
  "title": "SpaceX Just Dealt a Big Blow to Howmet Aerospace Stock",
  "url": "https://urgent.news/2026/09/05/spacex-just-dealt-a-big-blow-to-howmet-aerospace-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-05T13:00:02.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/spacex-just-dealt-big-blow-130002822.html"
  },
  "original_language": "en",
  "account": "SpaceX's announcement that it plans to manufacture natural-gas turbine blades and vanes in-house has caused a significant decline in Howmet Aerospace (HWM) stock, with shares dropping 7.5%. This move could potentially accelerate the deployment of new turbines by up to 18 months, which could put pressure on Howmet's growth story. Howmet currently holds over 50% of the global market for industrial gas-turbine blades, with its gas-turbine revenue up 38% in the latest quarter. The company's strong position in the turbine-blade market has been benefiting from increased demand, driven by the need for electricity in AI data centers and utilities expanding power-generation capacity. SpaceX's foundry could lead other major customers to consider vertical integration, posing a potential threat to Howmet's growth. However, Bernstein believes the risk to Howmet is minimal, and Citi sees the decline as a potential buying opportunity. Howmet Aerospace is a global provider of advanced engineered solutions serving various industries, with a market capitalization of $101.2 billion. Its stock has gained 26% year-to-date and 48% over the past year, despite recent weakness. The company reported strong Q2 2026 results, with revenue up 24% year-over-year and operating income increasing 36% YoY.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}