Latest / Durham News Today | 2 Min News | The Daily News Now!
SpaceX Stock Surges Despite Insider Sales | Durham News
SpaceX’s stock defied expectations, jumping 2.5% after insiders cashed out nearly a billion shares—despite fears it would crash. Analysts like Morgan Stanley are now calling it a buying opportunity, predicting a potential triple in value to $300 by next year. While the company posted a $541M loss, it beat earnings estimates and saw revenue surge 90% to $7.8B. Heavy R&D spending on AI and future tech is fueling investor nerves, but for now, the rocket’s ride continues upward. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.