SpaceX Shares Ascend Another 10% Pre-Bell

MT Newswires Live06-16

Space Exploration Technologies (SPCX) shares ascended to near $213 each in pre-bell trades, up 10.4% overnight, and following on the heels of a 19.6% gain in Monday trading.

Elon Musk's SpaceX, which builds reusable rockets, spacecraft, and satellite internet networks, closed its initial public offering (IPO) last Friday at $135 per share.

SpaceX's market cap is near $2.75 trillion at current share prices, up from $1.77 trillion at the time of its IPO.

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