SPCX Stock Minute — Episode 17: Catastrophic call

SpaceX Stock Minute
SpaceX Stock Minute@dongyafei
SPCX Stock Minute — Episode 17: Catastrophic call

SpaceX stock, S-P-C-X, finished the session higher, but the story was split between price strength and valuation stress. CNBC showed the shares closing at 162 dollars, up two point eight three percent, on volume of fifty three point two million shares, with market cap listed near two point one three trillion dollars.

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A 76-second market briefing on SPCX's higher close, Musk's latest SpaceX-related remarks, and the split between a sharp valuation warning and bullish options flow.

Show notes

  • CNBC showed SPCX closing at 162 dollars, up 2.83%, with 53.2 million shares traded and market cap near 2.13 trillion dollars.
  • Musk's clearest SpaceX post of the session said, "Starship static fire." TipRanks and TheFly also reported that he replied "Utterly false" to a Wall Street Journal report about a SpaceX AI-handset prototype.
  • AOL and 24/7 Wall St cited CNBC's Oliver Renick saying "Options flows continue to look bullish," while a Daiwa Securities analyst called the valuation "catastrophic."

Sources

SpaceX Stock Minute
SpaceX Stock Minute@dongyafei

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