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المشهد العربي
SpaceX stock increases before earnings
SpaceX's stock rose by 2.75% to reach $111.35, after falling below its all-time low. This comes ahead of the release of its first financial results since going public. The company had faced pressure due to concerns over spending on AI projects and the Starship rocket, but investors bought shares tactically ahead of the earnings announcement. Meanwhile, attention is turning to the possibility of selling an additional 911.5 million shares after the lock-up period ends. Major financial institutions continue to hold a positive outlook on the stock, thanks to anticipated expansion opportunities.
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