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What's Going On With The Jump In Velo3D Stock Today?

Benzinga·
What's Going On With The Jump In Velo3D Stock Today?

Velo3D shares surged 9.31% to $25.24 following CEO Arun Jeldi's confirmation that SpaceX's latest Raptor engine is built on the 'pure Velo platform.' The company supplies 3D printing machines to SpaceX and is producing parts for the next-generation Raptor 4 engine, with discussions underway for additional orders beyond the 25 machines already in operation.

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