SpaceX International-linked AI opportunity? Blue Cloud Softech stock jumps 20%

Small-cap software services firm, Blue Cloud Softech, shares soared 20% to hit their upper circuit level during the trading session on Monday, June 22, after the company disclosed it is exploring AI opportunities with SpaceX International, a subsidiary company of billionaire Elon Musk-led SpaceX.

As per the BSE filing, the company is evaluating non-binding business opportunities in the field of artificial intelligence (AI) with the help of SpaceX.

“Blue Cloud Softech Solutions Limited, a company listed on BSE Limited, wishes to inform that it is evaluating preliminary, non-binding business opportunities in the field of artificial intelligence technology with SpaceX International Ltd,” the company informed the stock exchanges.

Shares of Blue Cloud Softech surged 20% to hit its intraday high and upper circuit of ₹21.67 on Monday’s market, compared to ₹18.06 at the previous trading session, according to BSE data.

The exchange data also showed that the company’s stock was trading 18.49% higher at ₹21.40 as of 11:57 am, compared to the previous market close.

What are Blue Cloud’s AI plans with SpaceX?

Blue Cloud Softech disclosed that the company’s preliminary discussions with SpaceX on AI are solely for the purpose of evaluating potential business opportunities and do not create any binding obligation on either party to enter into any transaction, joint venture, investment, partnership or definitive agreement.

“Any future transaction, if pursued, shall be subject to detailed due diligence, mutual agreement, execution of definitive documentation, corporate approvals and applicable regulatory requirements,” Blue Cloud informed the stock exchanges.

At the current stage, the company also said that it has established only a framework for the exchange of information to facilitate discussions and an evaluation of potential areas of collaboration as Blue Cloud focuses on strategic opportunities in the digital infrastructure and technology ecosystem.

In the BSE filing, Blue Cloud estimates that the rising demand for AI and digital technologies presents significant opportunities for the company and the proposed discussions are intended to assess the feasibility and potential scope of any future collaboration with SpaceX.

How much did Blue Cloud Softech earn in Q4?

Blue Cloud Softech’s consolidated financial statements for the March quarter of the financial year ended 2025-26 showed that the company’s net profits rose nearly 13% year-on-year to ₹15.34 crore, from ₹13.59 crore in the same period a year ago.

The company’s revenue from core operations advanced 51% to ₹277 crore in the fourth quarter, compared YoY with ₹183 crore in the same period a year ago, according to the exchange filings.

Blue Cloud Softech is a certified technology company delivering AI, IoT, cloud, and cybersecurity solutions to its clients in an effort to assist with digital transformation, as per the official website.

The company also provides 5G fixed wireless access to clients in an effort to secure and provide high-speed connectivity solutions for railways, public infrastructure and enterprise networks.

How have Blue Cloud shares performed?

Blue Cloud Softech shares have delivered more than 380% returns on their investments in the last five years, and over 277% gains since the company’s listing back in December 2020, according to BSE data.

However, the company’s stock has lost 26% in the past one year, but the shares were trading 1.4% higher year-to-date this calendar year. Blue Cloud Softech shares have gained 15% in the past one month, and were up 17.8% in the last five trading sessions.

Shares of Blue Cloud Softech surged to hit their 52-week high of ₹38 on November 6, 2025, while the 52-week low was at ₹16.51 on January 27, 2026, according to the exchange data.

The company’s market capitalisation (m-cap) was at ₹1,624.40 crore as of the trading session on Monday, June 22.