SpaceX stock climbs as weekend Falcon 9 missions and key stakeholder filings boost investor sentiment near its IPO price.
SpaceX shares rose in early trading Monday, approaching the $150 level set during its initial public offering. The gain follows two consecutive Falcon 9 launches over the weekend, demonstrating the company’s operational momentum.
The stock had struggled to hold its debut price since going public, with volatility marking its early trading sessions. Recent filings revealed major stakeholders, including Alphabet and Nvidia, which may have contributed to renewed interest.
Market reaction remained cautious, with traders monitoring whether the rally can sustain above the $150 resistance level.