SpaceCNBC Techabout 5 hours ago
SpaceX gains 6% in premarket after record debut
1 min read
SpaceX shares rose about 6% in premarket trading Monday to around $170, extending Friday's 19% gain after the company's record $75 billion IPO. The debut gave SpaceX a market capitalization above $2 trillion. CFRA initiated coverage with a sell rating and $115 price target, citing ambitious growth and capital intensity.
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