Ladies and Gentleman, we've got BREAKING NEWS hot off the wire today!!

Could this be the trigger that sets off Today's Alert - FJET?
 

Starfighters Space Completes First Flight Hardware for Wind Tunnel in the Sky™ Program Precision-manufactured hardware advances reusable Mach 2+ airborne testing for commercial, government, research and future STARLAUNCH™ missions KENNEDY SPACE CENTER, Fla., October 08, 2026--Starfighters Space, Inc. (NYSE American: FJET), the space company operating the world's only commercial fleet of flight-ready Mach 2+ supersonic aircraft, today announced the completion of its first flight hardware manufactured under a production agreement with Italian engineering company Robby Moto Engineering S.R.L. ("RME"), marking an important milestone in the Company's continued development of its previously announced reusable airborne testing platform, Wind Tunnel in the Sky™. Now en route to the Company's base at NASA's Kennedy Space Center, the precision-manufactured components will be assembled into two modular underwing flight articles designed to support reusable Mach 2+ testing in real atmospheric conditions.... "Completing our first flight hardware represents an important step toward building the capabilities that support our long-term commercial strategy," said Tim Franta, CEO of Starfighters. "Our Wind Tunnel in the Sky is designed to enable testing of advanced technologies through sustained Mach 2+ flight, extending testing beyond the seconds-long runs typical of traditional wind tunnels. The flight data and operational experience generated through this program is expected to also support our continued development of the STARLAUNCH air launch system."

WHY FJET?

Starfighters Space, Inc. (NYSE: FJET) operates a fleet of seven Lockheed F-104 Starfighters aircraft at Kennedy Space Center and Midland, Texas, using them for high-speed testing, captive-carry work and its developing STARLAUNCH air-launch platform.

The company describes the fleet as the world’s only commercial capability for sustained Mach 2+ flight.

 

 

STARLAUNCH is the company’s proposed small-satellite launch system. Instead of launching a rocket from the ground, FJET intends to carry the rocket beneath a Starfighter, climb to altitude, release it, and launch from the air.

Research and Markets values the global hypersonic technology market at approximately US$8.49 billion in 2025, rising to roughly US$15.73 billion by 2030 at a compound annual growth rate of about 13.2%.

Demand for hypersonic hardware has outrun the capacity to test it.


IS FJET SETTING UP FOR AN EPIC BOTTOM BOUNCE?
FJET is NEW to the Public Markets, having only been actively trading less than a year since last December.

That makes FJET a veritable GROUND FLOOR BOTTOM BOUNCE SITUATION. 

Upon listing, FJET tore up the charts with a 215% move from $10.00 to highs of $31.50!

But remember, traders: FJET is not a traditional fundamentals story right now.  It is a potential CAPITULATION / BOTTOM BOUNCE situation.

Today, after printing another all-time low, shares recovered and closed at 1.61 with a Spinning Top candlestick hinting at REVERSAL.

So is this the start of an ASTRONOMICAL BOUNCE?  
To start, let's look at the RSI Indicator. The RSI is a momentum oscillator used primarily to identify overbought and oversold conditions.

 As we can see in the chart below, the RSI(14) is around 18, DEEP IN OVERSOLD TERRITORY.

The Street has seemingly called a bottom and the Bears have worn out their welcome.

For lord's sake, FJET literally has 12.75% of the Float SHORT!!!! 

Talk about a potential SHORT SQUEEZE in the making...

FJET may now be ready for the BULLS to reclaim territory!
 

THE BOTTOM LINE
Today's Breaking News CHANGES THE GAME!

We are looking at a potential SHORT SQUEEZE/BOTTOM BOUNCE situation on a stock that has been public for less than a year and operating in a sector that has already produced some extraordinary market moves in 2026.

AND WE'RE TALKING OVER 1,856% UPSIDE TO IT'S 52 WEEK HIGH!

Meanwhile, the company owns seven Mach 2 fighter jets, sits at Kennedy Space Center, is in the Russell 3000, and carries a $108 million market cap in the one sector Wall Street spent all of 2026 repricing higher.

Make sure you put FJET on your screen RIGHT NOW and Follow on Telegram & X/Twitter for Updates + Play-by-Play!

Good Trading,

Editor
StockoftheWeek.net