SpaceX surges premarket after blockbuster IPO debut
Mon 11:53
BUZZ-SpaceX surges premarket after blockbuster IPO debut ** Shares of SpaceX SPCX.O rise more than 6% premarket, building on strong momentum following last week's IPO debut
** The stock jumped 19% on Friday, propelling the rockets-to-AI firm to a valuation of more than $2 trillion, making it the sixth-most valuable U.S. company
** CEO Elon Musk says in an X post that co could generate $1 trillion in annual revenue by 2030, compared with $18.7 billion reported for 2025
** Stock set for fast-track inclusion in the Nasdaq 100, with additional FTSE Russell and MSCI index additions later in June
** More than $940 million worth of SPCX shares exchange hands by 05:41 a.m. ET, already topping Nvidia, Microsoft and Tesla combined
(Reporting by Rashika Singh in Bengaluru)
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