Virgin Galactic, with ticker SPCE, soars 25% ahead of SpaceX IPO
11/06/2026 19:47
BUZZ-Virgin Galactic, with ticker SPCE, soars 25% ahead of SpaceX IPO ** Shares of Virgin Galactic SPCE. surging 25% on Thurs ahead of SpaceX's SPCX.O IPO, with both cos sharing very similar tickers
** Participants in Reddit's wallstreetbets trading forum for weeks have said they were buying SPCE on bets that the stock will get lift from investors confusing it with SPCX and mistakenly buying it following the SCPX IPO
** WIth Thur's rally, SPCE now up >130% since May 20
** Satellite launcher Rocket Lab RKLB.O, whose ticker does not resemble SPCX, up 7% on Thur and up 37% since early May
(Reporting by Noel Randewich, editing by Colin Barr)