SpaceX’s public debut in June gave investors a new yardstick for how fast a space-linked stock can move, in both directions. Since then, shares of newer space companies have swung hard around SpaceX’s latest report.
Yahoo Finance reported on October 21 that SpaceX opened with its biggest jump since the debut, after third-quarter revenue and profit beat Wall Street estimates. The company’s AI business now brings in nearly half of its sales.
Space Stocks Rally, Then Give It Back
The move...