Velo3D Inc (NASDAQ:VELO) shares are trading higher on Tuesday amid continued SpaceX IPO filing optimism, which is pulling more attention toward smaller, higher-beta advanced-manufacturing names tied to aerospace demand.

What’s Driving Velo3D Stock Higher?

The latest leg higher follows SpaceX's S-1 filing for a Nasdaq IPO under the ticker SPCX, targeting roughly $75 billion in proceeds at a valuation near $1.75 trillion. Velo3D is being treated as a "capacity buildout" read-through because of its historical ties to 3D metal printing for complex aerospace components, including Raptor-engine-related work.

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.” 

SpaceX's filing also showed $18.7 billion of 2025 revenue and a $4.9 billion net loss, with $11.4 billion coming from Starlink, keeping the market focused on whether fresh capital accelerates production ramps fast enough to lift demand for specialized manufacturing tools like Velo3D's.

A massive public offering in the aerospace sector signals that companies could ramp production and spend heavily on new equipment. This expectation could lead investors to buy shares of parts suppliers, driving their stock prices higher in sympathy as the broader industry grows.

Velo3D Stock: Key Levels To Watch

VELO is still in a powerful longer-term uptrend, up 614.29% over the past 12 months, and it's pressing the top of its 52-week range with the stock at $23.76 versus a 52-week high of $23.84. When a stock is this close to a prior high, breakouts can accelerate quickly—but failed break attempts can also trigger fast pullbacks as short-term traders take profits.

The trend is clearly extended versus moving averages: VELO is trading 45.4% above its 20-day SMA ($16.45) and 139.3% above its 200-day SMA ($10.00). That kind of separation keeps the longer-term trend pointed up, but it also raises the odds of sharper swings if momentum cools.

For momentum, RSI is the cleaner lens here because the stock has already shown "stretch" behavior—RSI entered overbought territory in May, which often lines up with choppier follow-through after big runs. The bullish backdrop is reinforced by structure: the 20-day SMA is above the 50-day SMA, and the golden cross that printed in January keeps trend-followers biased to buy dips rather than fade strength.

  • Key Level To Watch: $24.00 — a round-number area just beyond the prior 52-week high zone ($23.84), where breakouts often get tested.

How Velo3D Innovates In Additive Manufacturing

Velo3D provides additive manufacturing (3D printing) focused on high-value metal parts, aiming to improve performance, cost, and production timelines for complex components. Its platform combines Flow print-prep software, the Sapphire production system, and Assure real-time quality assurance software.

That matters for the current tape because the SpaceX IPO filing is refocusing attention on the supply chain behind scaled aerospace production. If more capital accelerates buildouts tied to NASA and U.S. Space Force programs, investors are betting demand could flow through to specialized manufacturing tools and services like Velo3D's.

Velo3D Stock Price Movement On Tuesday

VELO Stock Price Activity: Velo3D shares were up 5.33% at $24.29 at the time of publication on Tuesday, according to Benzinga Pro data. The stock traded as high as $25.73 on Tuesday, reaching new 52-week highs before pulling back.

Image: Shutterstock