◆ NeutralSPCELUNRASTSPLFLYSATS
Houston, We Have A Rally: Space Stocks Pop Ahead Of SpaceX Debut
Benzinga·
Space sector stocks surged Thursday ahead of SpaceX's historic Nasdaq IPO debut Friday. SpaceX is pricing at $135 per share, targeting a $75 billion raise and $1.78 trillion valuation—the largest IPO in history. Momentum Inc. led gains at 28%, while Virgin Galactic jumped 22.6%. Other space stocks including Intuitive Machines, Rocket Lab, and AST SpaceMobile also rallied as investors rotated into space-themed names lacking direct SpaceX exposure.
Read Full Article at Benzinga →