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SpaceX stock jumps 6% to $168 as Musk rebrands AI unit SpaceXSI

Published Source: CryptoPolitanRead original

Crypto Insight Summary: SpaceX (NASDAQ: SPCX) stock rose by 6% to approximately $168.78 on Monday, which increased the company’s market cap to around $2.29 trillion, taking the stock beyond the $150 mark that made Elon Musk the world’s first trillionaire in June. The move comes after Morgan Stanley endorsed the company again, and Musk’s move to rename the... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: SpaceX stock movement has no direct impact on crypto markets.

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