SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally, fueled by options trading and anticipation of index inclusion, saw the stock climb significantly from its IPO price. Despite remaining loss-making, investor focus remains on its space launch dominance, Starlink, and AI ventures.
SpaceX shares surged over 14% on Tuesday, pushing its valuation to nearly $2.9 trillion and briefly surpassing Amazon. This rally was driven by options trading and anticipation of index inclusion. Despite current losses, investors are focusing on its dominance in space launches,…
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