SpaceX Stock Crosses Key Level Amid Launch Milestones as Lockup Expirations Near
SpaceX jumped above a key resistance level after the company made some major launch milestones as new expirations near.
Stocks · News reference
SpaceX shares jumped 6% after three launches in 13 hours carried astronauts, an NRO mission and Google’s first orbital AI experiment.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
SpaceX jumped above a key resistance level after the company made some major launch milestones as new expirations near.
Retail investors talked up five hot stocks during the week (Sept. 28 to Oct. 2) on X and Reddit's r/WallStreetBets: MU, NKE, META, AMD, GOOG.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
SpaceX launched three rockets in less than 13 hours, including NASA's Crew-13 mission to the ISS (fastest trip on record), a commercial payload flight with 130 satellites, and a classified Falcon Heavy mission. The stock rose 6% on the news. While the Space division reported a $542M operating loss, Starlink generated $4.3B in revenue with $1.7B operating profit. SpaceX's AI compute unit, though currently unprofitable at $1.3B loss, has major contracts potentially generating up to $3.4B monthly once operational.
The S&P 500 Index is on the verge of soaring to a record high as investors predict a strong earnings season, which starts later this month.
FieldAI reportedly raises $700 million at a $10 billion valuation, reflecting surging investor interest in physical AI and robotics.