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Business & Finance

SpaceX Nears IPO Price Again After Staging $327 Billion Rally

Bloomberg Markets Friday 07 August 2026, 20:29 UTC By Carmen Reinicke and Jordan Fitzgerald 1 min read
Key Points

SpaceX Nears IPO Price Again After Staging $327 Billion Rally SpaceX shares jumped for a second straight day bringing them close to breaking back above the company’s $135 initial public offering price for the first time since falling below the key level last month. Friday’s 16% surge brought the stock’s two-day rally to about 23%, adding more than $327 billion in market value over that span. Investors snapped up shares of the Elon Musk-led rocket, space and artificial intelligence company...

SpaceX Nears IPO Price Again After Staging $327 Billion Rally SpaceX shares jumped for a second straight day bringing them close to breaking back above the company’s $135 initial public offering price for the first time since falling below the key level last month. Friday’s 16% surge brought the stock’s two-day rally to about 23%, adding more than $327 billion in market value over that span. Investors snapped up shares of the Elon Musk-led rocket, space and artificial intelligence company even as restrictions blocking some early insiders from selling were lifted on Thursday. Analysts had warned that the end of the first lockup could lead to selling pressure on the stock.
SpaceX Nears IPO Price (ORG) SpaceX (ORG)
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