SpaceX (SPCX) shares rebounded Thursday morning, climbing 1% to $193.75 in pre‑market trading after Wednesday’s 5% slide to $191.82, a move that attracted attention from investors monitoring both the aerospace sector and related crypto‑related blockchain projects.
Share Performance Since IPO
Despite the recent pullback, SPCX continues to trade roughly 42% above its $135 IPO reference price, underscoring sustained demand from market participants. The stock previously surged to $225.64, marking a 67% increase across three consecutive up days before the Wednesday correction.
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