SpaceX stock jumped 17% on Monday, giving the shares a two-day pop of over 35% since the rocket company's market debut on Friday.
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SpaceX stock jumped 17% on Monday, giving the shares a two-day pop of over 35% since the rocket company's market debut on Friday.
SpaceX stock jumped nearly 8% in early trade, giving the shares a two day pop of over 25% since the rocket company's market debut on Friday.
SpaceX was the largest IPO in history surpassing $2.1 trillion market cap
SpaceX raised $85.7 billion in its IPO, the company said in a press release Monday. That’s up from the $75 billion that SpaceX initially sold in its public offering on Friday. The additional proceeds come from underwriters exercising their so-called “green-shoe option,” an overallotment of 83.
Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.The strait, through which roughly 20 percent of the world's crude oil supply normally transits, was effectively closed by Tehran after the US and Israeli strikes on Iran in late February, sending energy prices soaring.
Elon Musk thinks SpaceX (NASDAQ: SPCX) will have $1 trillion in revenue in 2031. Its revenue last year was just shy of $19 billion. According to CNBC, Goldman Sachs forecasts $470 in 2030. Morgan Stanley’s forecast is $330 billion. In other words, Musk has an immensely large target based on mainstream expectations. What is not ... Musk’s SpaceX $1 Trillion Revenue Goal
Investing.com -- One chip stock stands out as the primary beneficiary of the SpaceX IPO’s ripple effects across the semiconductor sector, according to equity research firm Lynx Equity Strategies.

All IPOs come with surprises.
SpaceX opened 11% above its IPO price as demand exceeded $350 billion.
SpaceX's $150 debut valued the company near $2 trillion, pushing Musk's fortune to almost $1.05 trillion.
SpaceX options begin trading Tuesday after shares opened at $150, above the $135 IPO price.
SpaceX stock (SPCX) continues rising in Monday's pre-market trading (maintaining gains at the session open at the time of this video's posting) ahead of the space company's first full day of trading since its historic IPO last Friday. Morning Brief Host Julie Hyman and Barron's Investor Circle Newsletter editor Josh Schafer examine SpaceX's performance thus far and what it may signal about the success of the company in its future lifetime.
Sequoia Capital partner Shaun Maguire went on CNBC last week and said SpaceX (NASDAQ:SPCX), freshly trading, looks to him “more like Nvidia three years ago” than Tesla (NASDAQ:TSLA). He also said he plans to hold his shares “forever.” Sequoia is a longtime SpaceX backer, so the incentive to talk his book is obvious. Still, the comparison is ... Sequoia’s Sean Maguire Compares SpaceX to ‘Nvidia Three Years Ago’ and Plans to Hold Forever
Closely followed investor Cathie Wood bought more than $500 million U.S. of SpaceX (NASDAQ: $SPCX) stock on the day...
Cryptocurrency treasury firm Strategy (NASDAQ: $MSTR) acquired $100 million U.S. of Bitcoin (CRYPTO: $BTC) over the...
Kingdom Holding rose after SpaceX's 19% debut gain lifted its stake value to $6.8 billion.
Musk says revenue could reach $1 trillion by 2030.
Cathie Wood, ARK Invest detail SpaceX thesis after buying 3.3 million shares. Rocket Lab, Firefly Aerospace shares receive upgrade.
Pre-Market Stock Futures: Futures are exploding higher on news of a peace deal with Iran expected to be signed this Friday. This follows a historic Friday that saw the coming-out party of Space Exploration Technologies (NASDAQ: SPCX), widely known as Elon Musk’s SpaceX. The record-breaking size of the offering, raising $75 billion, the company’s debut ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Datadog, Dupont, Epam Systems, Ferrari, Paychex,
The first mistake investors can make with SpaceX is thinking the payday happened all at once. It didn't. SpaceX’s initial public offering gave retail investors a rare chance to invest in Elon Musk’s rocket, satellite and artificial intelligence enterprise. But for the company’s first believers, the ...
US equity futures were higher pre-bell Monday as the US and Iran finally reached a long-awaited agre
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Timothy A. Clary/Getty Images European space tech startups have raised more than €2 billion (about $2.3 billion) in VC funding this year, almost double last year’s total, and SpaceX‘s IPO could help pour more fuel on that fire. Last week, SpaceX made its Nasdaq debut, closing out its first day of trading at a market cap of over $2 trillion and becoming the sixth-largest public company in the US. More than just a record-breaking IPO, the listing is expected to lead to a significant increase in VC