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SpaceX Stock Surges 16% to Close Out a Wild Week of Trading
SpaceX shares are still well off the record high hit shortly after the mid-June IPO.Credit: Spencer Platt / Getty ImagesKey TakeawaysSpaceX shares surged Friday, bringing them closer to their IPO price of $135.The stock took a hit after the company’s earnings report earlier this week amid concerns about management’s vision for AI spending. Shares of SpaceX climbed Friday, locking down a powerful weekly performance. SpaceX (SPCX) stock finished the day up 16% recently to just over $133, $128, not far off their mid-June IPO price of $135 per share. (They haven’t closed above that level since…
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