✉news ScienceSpace first seen 6 h ago, last 41 min ago, peak #12
SpaceX's $750 Billion Rally Breaks Post-IPO Funk
Original: SpaceX’s $750 Billion Rally Breaks Stock Out of Post-IPO Funk
SpaceX shares have surged, adding roughly $750 billion in value and pulling the stock out of a prolonged slump following its public listing. The rally marks a sharp reversal from the weak trading that followed the IPO and underscores renewed investor enthusiasm for the company's space and launch business.
Why now: The scale of the valuation rebound is striking after the stock's disappointing post-IPO performance.
Evidence
- SpaceX’s $750 Billion Rally Breaks Stock Out of Post-IPO Funk · Bloomberg.com
API: https://socialmediatrends-api.osmike.com/v1/trends/1607220