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Jun 16, 2026 4:00 PM

What's Going On With The Jump In Velo3D Stock Today?

Velo3D Inc. (NASDAQ:VELO) shares have been swinging sharply in the wake of the SpaceX IPO. Here what you need to know.

Velo3D stock is charging ahead with explosive momentum. What’s driving VELO stock higher?

CEO Confirms SpaceX Raptor Engine Built On "Pure Velo Platform"

Velo3D CEO Arun Jeldi said late last year that there were "five major parts" included in SpaceX Raptor engines that were "specifically qualified for [the] Velo3D platform." In a recent presentation at RedChip’s Future Tech Investor Conference, Jeldi confirmed SpaceX as a customer and said the most recent Raptor engine is a “pure Velo platform.”

Jeldi noted that Velo3D supplied the original machines used by Space Exploration Technologies Corp. (NASDAQ:SPCX) (SpaceX) in 2018 and 2021 and said the recent Raptor engine is produced through Velo technology.

When previously asked whether SpaceX plans to expand beyond the 25 Velo3D machines it already operates, ...