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SpaceX Stock Extends IPO Rally As Price Pushes 50% Above Issue Price

SpaceX Stock Extends IPO Rally As Price Pushes 50% Above Issue Price

Key Stats for SpaceX Stock

  • Price change for SpaceX stock in last 3 days: 25%
  • $SPCX Share Price as of Jun. 16: $202
  • 52-Week High: $226
  • $SPCX Stock Price Target: $188

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What Happened?

SpaceX (SPCX) stock is surging again — and it’s only been three days since the company went public.

Shares were priced at $135 on Friday. By Wednesday, SpaceX stock was trading around $200, putting the gain at 50% above the IPO price in less than a week.

The stock jumped roughly 13% on Tuesday alone, continuing a run that has made this one of the most talked-about IPOs in recent memory. Eventually settling at…

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