SpaceX Jumps in Debut, EchoStar, AST SpaceMobile & Other Space Companies Fall
Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners: Shares of SpaceX (SPCX) climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s business empire into one of the most-valuable public companies in the world. Space Exploration Technologies Corp., as it is officially known, bundles a rocket launching business, the Starlink broadband service and xAI, the AI segment. But much of the excitement about…
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