Howmet Aerospace: The SpaceX Threat Is Overblown (Rating Upgrade)
Seeking Alpha upgraded Howmet Aerospace to Buy after a 7.5% stock price decline driven by what the article calls overblown concerns about SpaceX's in-house turbine blade casting. The article notes HWM's dominant global market share in industrial gas turbine blades, robust long-term agreements, and active capacity expansions in Japan, Europe, and the U.S., arguing SpaceX's initiative addresses its own supply bottleneck rather than competing at scale with HWM.
Why it matters — HWM watchers would care because the article directly addresses a widely discussed threat to HWM's turbine blade business and argues it has limited real impact on the company's earnings or margins.