SpaceX extended its intraday advance, lifting its market capitalization to $2.28 trillion. Buying in the stock has continued as investor appetite revives for innovative growth shares tied to sectors such as space and artificial intelligence.
BlockBeats, a cryptocurrency-focused media outlet, reported on June 15 that SpaceX rose 8.45% during the session. The stock was trading at $174.31, giving the company a market capitalization of $2.28 trillion.
SpaceX has drawn strong market interest since its recent listing. On its trading debut, the stock also surged from its offering price, highlighting institutional investors' preference for innovative growth shares.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.