Today: 29 June 2026

Marcin Frąckiewicz

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation.

TEN Holdings (XHLD) Skyrockets 150% on New Tech Deal – Can the Event-Tech Underdog Keep Surging?

TEN Holdings (XHLD) Skyrockets 150% on New Tech Deal – Can the Event-Tech Underdog Keep Surging?

WARSAW, Poland, Oct. 28, 2025 – TEN Holdings, Inc., a small-cap event technology provider, saw its stock skyrocket over 150% intraday after unveiling a new partnership – a dramatic comeback for a stock that had languished in penny-stock territory. Below we break down the key facts and what’s driving this explosive rally, from fresh deals and analyst insights to market sentiment on this volatile event-tech underdog. TEN Holdings’ stock exploded on Tuesday after the company revealed a major tech partnership that promises to expand its offerings. In an early-morning filing, TEN announced a digital reseller agreement with Xcyte Digital, a conferencing software firm. The deal grants TEN the right to bundle and resell Xcyte’s conferencing products to its existing and future clientsinvesting.com. It carries an initial 3-year term with automatic renewals, signaling a potentially long-term collaborationinvesting.com.
28 October 2025
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Opendoor (OPEN) Stock Rockets 1,600% on Meme Hype — Is It Just a “Sugar Rush”?

Opendoor’s 2025 Stock Rollercoaster: Meme-Fueled 1600% Surge, Shopify Exec at Helm & AI Hype – What’s Next for OPEN?

As of October 28, 2025, Opendoor’s stock trades around $8 per share after a tumultuous few months. The price action has been nothing short of a rollercoaster. In mid-2025, OPEN was languishing under $1 – effectively a penny stock – before an explosive rally took it to a 52-week high of $10.87 by mid-Septemberts2.techts2.tech. That run-up represents roughly a +1,600% climb in just a few months. Even after retracing from the peak, Opendoor is still up around 400% for the year, vastly outperforming the broader marketts2.tech. By early autumn, Yahoo Finance noted OPEN as one of 2025’s top-performing stocks, up +369% year-to-datets2.tech. The ride has been extremely volatile, however, with dizzying swings common. For instance, when the new CEO was announced in September, Opendoor’s share price spiked 75%+ in a single day, only to drop about 20% over the next two sessions as traders took profitsts2.tech. Such whiplash moves underscore the speculative frenzy that has surrounded this stock. This past week, OPEN has staged a brisk rebound. As recently as October 22, the stock had dipped to around $6.82ts2.tech amid a mid-month pullback. It then surged back to about $7.97 by the close of Friday, Oct. 24 – a jump
28 October 2025
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Alexandria Real Estate Equities (ARE) Stock Plummets to 52-Week Low After Q3 Miss – Can the Biotech REIT Rebound?

Alexandria Real Estate Equities (ARE) Stock Plummets to 52-Week Low After Q3 Miss – Can the Biotech REIT Rebound?

Pasadena, Calif., Oct. 28, 2025 – Alexandria Real Estate Equities saw its stock price collapse to a new 52-week low in Tuesday’s trading, as disappointing quarterly results and lowered guidance fueled a sharp sell-off. By mid-afternoon, shares were down roughly 16% on the day around the mid-$60sgurufocus.com, recovering slightly from an early dip to ~$65.20. The steep drop came on unusually heavy volume as investors reacted to mounting signs of trouble for the office/lab space landlord. Tuesday’s decline extends a prolonged slump for Alexandria’s stock – which has now shed about 41.9% of its value in the past yearng.investing.com amid broader real estate market weakness. Hitting an intraday low of $67.18ng.investing.com, ARE’s latest slide reflects ongoing investor concerns about the life science real estate sector and the company’s earnings trajectory. The REIT’s market capitalization has dramatically eroded in 2025 as rising interest rates, higher vacancies, and waning investor appetite for REITs have all taken a toll. At the new low, Alexandria’s dividend yield swelled to roughly 7%, a sign of both the stock’s underperformance and the rich payouts it continues to offerng.investing.com.
28 October 2025
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Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown

Celestica (CLS) Stock Soars to Record High on AI Hardware Boom, Q3 Earnings Blowout

Celestica’s stock is on fire, extending an extraordinary run as investors bet on the AI hardware boom. On Tuesday, October 28, Celestica shares surged to record highs following its earnings news, reaching approximately C$462 in early tradingmarketscreener.com. This added to a multi-session upswing – the stock gained about 13% in the past week alonets2.tech – and marked a staggering ~316% increase from a year agots2.tech. Such a historic rally has vastly outpaced the broader market and reflects surging optimism that Celestica will be a big winner in the rush to build out AI data centers and cloud infrastructurets2.tech. Notably, Celestica’s leap helped propel Canada’s TSX tech sector higher on Tuesday, even as broader markets awaited central bank decisionsmarketscreener.com. Once known mainly as a contract electronics maker for other brands, Celestica has reinvented itself for the AI age. The company – founded in the 1990s as an IBM spin-off – spent years languishing after the dot-com bust. Now it’s riding a new wave of demand. As the Financial Post noted, the “31-year veteran of Canada’s tech scene” suddenly “shot from near obscurity to stock stardom on the AI juggernaut”ts2.tech. In other words, Celestica has gone from a forgotten name to one
28 October 2025
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Hyperscale Data (GPUS) Skyrockets on Bitcoin Bonanza and AI Cloud Pivot – What’s Driving the Rally?

Hyperscale Data (GPUS) Skyrockets on Bitcoin Bonanza and AI Cloud Pivot – What’s Driving the Rally?

Hyperscale Data’s stock is on a tear this week. Shares of the Las Vegas-based company surged over 24% in pre-market trading Tuesday and extended gains into the sessionseekingalpha.com. By midday October 28, GPUS was up around 28% at roughly $0.64benzinga.com, building on a spectacular after-hours jump the night before. On Monday, the micro-cap stock rocketed 24.5% during regular trading to $0.4979, then leapt another ~33% after hours to about $0.66ts2.tech. The two-day jolt has nearly doubled Hyperscale’s market value, putting it on the radar of many retail traders. Online forums buzzed about the tiny $0.50-range stock as a speculative “AI + Bitcoin” play, especially after the company’s recent name change to “Hyperscale” and news of a high-profile Nvidia partnershipts2.tech. Despite the explosive rally, context is important. Even at around 65 cents, GPUS remains deep in penny-stock territory and, in fact, still sits roughly 90% below its levels at the start of 2025ts2.tech. Just a year ago the stock traded in the $5–$7 range, before a prolonged slide driven by repeated share dilution and financial strugglests2.tech. The company dramatically expanded its share count this fall – issuing millions of new common shares through preferred stock conversions and notes – which helped
28 October 2025
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VSee Health (VSEE) Stock Rockets 75% on $10M Hospital Teleradiology Deal – Is This Telehealth’s Next Big Winner?

VSee Health Stock Skyrockets 250% on FedRAMP Approval – Will the Rally Last?

VSee Health’s stock has delivered a stunning short-term rally. After closing at just $0.62 per share on Oct. 27, VSEE opened Oct. 28 with a bang – soaring well above $1.50 within hours and briefly touching $2.52 intradayindexbox.io. By afternoon, shares were still up around 200% on the day, trading in the $1.80–$2.00 range. The one-day gain is remarkable for any stock, especially a small-cap telehealth firm. Even after pulling back to a ~$1.91 close, VSEE had more than tripled in value in a single sessionindexbox.io. This explosive jump follows a week of positive catalysts for VSee. Just one week earlier, on October 21, the company’s announcement of a multi-year $10+ million teleradiology contract with a Level 1 trauma hospital network sent VSEE stock from about $0.48 to $0.80+ intradayts2.tech. That ~75% surge came on massive volume as retail traders caught wind of the “game-changing” dealts2.tech. After a brief cooldown in the mid-$0.60s, VSEE is now skyrocketing again on the latest news. The stock’s year-to-date performance had been deeply negativetipranks.com, but these twin rallies have dramatically altered its trajectory.
28 October 2025
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Crypto Market Carnage: Bitcoin Crashes from Record Highs as Tariff Bombshell Wipes Out $20B

Bitcoin Price Hits $114K on Oct 28, 2025 – Uptober Rally, Trade Deal Buzz & $200K Predictions

Bitcoin’s price is hovering near $114,000–$115,000 on October 28, marking a strong comeback after this month’s dramatic swingscoindesk.com. Just a few weeks ago, the world’s largest cryptocurrency was in freefall – on October 10 it plunged from the mid-$120Ks to almost $104K within hours amid a global market shockts2.tech. That sudden drop came after U.S. President Donald Trump stunned markets by announcing a 100% tariff on Chinese exports, which sparked a flight from risk assets worldwide. Crypto was hit especially hard: by that Friday evening, Bitcoin had fallen ~8.4% to about $104,782, and Ether about –5.8% to $3,637ts2.tech. More than $19 billion in leveraged crypto positions were liquidated in 24 hours – the largest such wipe-out on recordts2.tech – as cascading margin calls accelerated the crash. The mid-October rout briefly sent crypto sentiment into deep fear. But notably, that panic was short-lived. By October 12, buyers cautiously returned, stabilizing BTC around the $111K–$112K level – roughly 10% below its peakts2.tech. Market observers noted that the worst of the forced selling had likely passed, as those rapid liquidations flushed out weaker leveraged positionsts2.tech. Over the next two weeks, Bitcoin steadily ground its way back up. The period that began with “tariff
28 October 2025
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XRP Price Jumps Back After Wild Swing – Ripple’s Token Eyes ETF Catalyst in Volatile Crypto Market

XRP Price Set to Skyrocket? Ripple’s Legal Victory & ETF Hype Fuel Bold $5 Forecast

October has been a wild ride for XRP, defined by extreme volatility. The turbulence peaked on October 10 when Ripple’s token suddenly cratered by nearly 40% intraday – falling from the mid-$2.80s to roughly $1.6 at the lowsts2.tech. This flash crash was triggered by a bolt of bad news from traditional markets: U.S. President Trump abruptly announced 100% tariffs on Chinese goods, a shock that sent investors fleeing risk assets across the boardts2.tech. As panic rippled through equities and crypto alike, heavily leveraged positions in XRP were liquidated en masse, exacerbating the freefall. In total, roughly $19 billion in crypto futures positions were wiped out market-wide during the sell-offts2.tech – a dramatic example of how a macro surprise can ricochet through the highly-leveraged crypto markets. Remarkably, XRP’s plunge was followed by an equally swift rebound. By the very next day, buyers big and small rushed in to “buy the dip.” XRP doubled off its lows within hours, snapping back to trade in the mid-$2sts2.tech. Over October 11–13, the token stabilized around $2.40–$2.60 as aggressive institutional buying buoyed pricests2.tech. CoinDesk reported that on Oct. 12 alone, XRP surged from $2.37 to $2.58 – a $0.21 jump – on trading volumes almost
28 October 2025
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Microsoft (MSFT) Stock Update & Insight Report – 2 Oct 2025

Microsoft Nears $4 Trillion: MSFT Stock Soars on AI Boom – Can $600 Be Next?

Microsoft’s stock has been on a tear in recent weeks, climbing to its highest levels in months on the back of strong optimism around artificial intelligence. As of October 28, 2025, MSFT is trading in the low-$530s per share – up from the ~$520 range a week ago and not far from its record peak. On Monday, the stock surged 1.5% to close at $531.52stockanalysis.com, bringing Microsoft’s market cap to roughly $3.8 trillionts2.tech. This market value firmly ranks Microsoft among the world’s most valuable companiests2.tech. Year-to-date, Microsoft shares have now gained about 25%ts2.tech, outperforming the S&P 500 and Nasdaq indexes. For comparison, the tech-heavy Nasdaq is up ~22% in 2025, and rival mega-cap Amazon’s stock is barely positivetradingkey.com – underscoring Microsoft’s standout performance in the “AI rally.” All-time high in sight: Microsoft’s current share price is within a few percent of its all-time closing high. The recent rally – which has added hundreds of billions of dollars to Microsoft’s market value – reflects investor excitement over the company’s growth prospects in cloud computing and AI services. “The bulls remain fully in charge,” one market strategist noted, as cooling inflation and rising hopes of Federal Reserve rate cuts have provided a
28 October 2025
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AI Tsunami Crushes Chegg: 45% of Jobs Axed, Stock Plunges

AI Tsunami Crushes Chegg: 45% of Jobs Axed, Stock Plunges

Chegg’s announcement on Oct. 27 came as a shock to many in education and tech. The 388-job cut represents one of the largest reductions in its history. CEO Dan Rosensweig – who led Chegg through its peak years – is returning to steer the overhaul, replacing Nathan Schultz. Schultz, who transformed Chegg from a textbook-rental service into a broader learning platform, was thanked for his contributions but agreed to step asidestocktitan.net. Rosensweig’s message was cautiously optimistic: “I’m confident Chegg has a bright future, and I look forward to exploring all paths to drive growth and enhance shareholder value,” he saidstocktitan.net. In its press release, Chegg said it conducted a strategic review and decided against a sale. The board stated that “remaining an independent public company offers the best opportunity to maximize long-term shareholder value”stocktitan.net. Nonetheless, the scope of the layoffs and added severance charges underscore how badly the company’s core business has been hit. The 2025 restructuring charges follow earlier charges of $34–38M this springreuters.com, all aimed at trimming $100–110M in yearly expenses by 2026foxbusiness.comreuters.com.
28 October 2025
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CandyWarehouse’s Halloween Horror: Major Online Candy Retailer Files for Bankruptcy Days Before Oct 31

CandyWarehouse’s Halloween Horror: Major Online Candy Retailer Files for Bankruptcy Days Before Oct 31

CandyWarehouse’s decision is unusual timing. The online sweets retailer said in court filings that it is insolvent and unable to pay its debts. Bankruptcy records confirm the Chapter 11 petition lists roughly $100K–$500K in assets versus $1M–$10M in debtspacermonitor.com. A hearing is set for Oct 29 on motions to continue operations, so CandyWarehouse can restructure rather than liquidatewhatnow.com. In a press release, the company noted this step “will determine how the company moves forward as it works to preserve its brand and nationwide customer base”whatnow.com. Retail analysts say CandyWarehouse’s woes reflect broader industry shifts. WhatNow News highlights that CandyWarehouse is a “woman-owned, family-operated” niche supplier that has cultivated loyal customers since 1998whatnow.com. But the retailer faced headwinds as shopper tastes changed. Nutrition-conscious consumers now seek “healthy” or sugar-free sweets: a recent study found nearly half of candy buyers wanted lower-sugar options. Candy executives confirm this trend: Alina Morse of Zolli Candy told Snack & Bakery that post-pandemic customers “are looking for… ways to get in vitamins or other supplementary dietary needs,” hence the rise of functional candieseconomictimes.indiatimes.com. Similarly, Perfetti’s Chris Borges notes that manufacturers have responded by reducing package sizes to keep prices palatableeconomictimes.indiatimes.com. All this has depressed demand for
28 October 2025
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UnitedHealth Group Stock Surges Amid Analyst Upgrades: Is Wall Street Turning Bullish on UNH in 2025?

UnitedHealth Stock Soars After Q3 Shock – Is a Bigger Rally Ahead?

UnitedHealth’s third-quarter report released Oct. 28 largely vindicated that turnaround strategy. Revenue climbed 12% year-over-year to $113.2 billion, helped by strong growth in both its insurance and health-services unitsbusinesswire.com. The company delivered adjusted EPS of $2.92, beating the $2.80 Wall Street averagemarketscreener.com, despite EPS plunging from $7.15 a year ago due to higher costs. On the call, Hemsley noted that results were on track with management’s plan: “We remain focused on strengthening performance and positioning for durable and accelerating growth in 2026 and beyond,” he saidmarketscreener.com. UnitedHealth also raised its full-year 2025 profit outlook to at least $16.25 per sharebusinesswire.comreuters.com, a modest increase that exceeded analysts’ expectations. Investors cheered the report. UNH shares popped in early trading – nearly +4% in pre-market and roughly +10% on the dayreuters.comfastbull.com – before settling around the mid-$360s. This continued a rally that began after summer lows; the stock had plunged to about $235 in May but rebounded about 50% by late Octobereconomictimes.indiatimes.com. Even with the bounce, however, UNH remains far below its spring 2025 highs. Trading volume was heavy as hedge funds and mutual funds that bought the dip took profits. Overall, the October 28 move suggests investors are now more confident that
28 October 2025
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CarTrade Tech Stock Skyrockets on Blowout Q2 Results – Can the Rally Keep Going?

CarTrade Tech Stock Skyrockets on Blowout Q2 Results – Can the Rally Keep Going?

CarTrade Tech reported a stellar Q2 that far outpaced a soft market. The Economic Times noted the company’s consolidated net profit more than doubled to ₹64.1 croreeconomictimes.indiatimes.com. Revenue from operations grew ~25% to ₹193.4 croreeconomictimes.indiatimes.com. Even as sales surged, expense growth remained modest, reflecting operational leverage. These factors lifted EBITDA sharply. CarTrade credited several drivers for the jump. The core Consumer Group saw revenue up ~37% YoY and PAT up ~82%, achieving an industry-leading ~40% EBITDA margineconomictimes.indiatimes.com. Meanwhile, OLX India “maintained momentum,” with 17% revenue growth and a 213% jump in profiteconomictimes.indiatimes.com. The combined results were dubbed “highest-ever quarterly revenue and profit” by Business Standardbusiness-standard.com.
28 October 2025
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Helmet Maker Studds Launches ₹455 Cr IPO – Grey Market Predicts ~10% Listing Pop

Helmet Maker Studds Launches ₹455 Cr IPO – Grey Market Predicts ~10% Listing Pop

India’s busiest IPO week rolls on with Studds following Orkla and Lenskart to market. With the issue entirely an OFS, all ₹455+ crore will go to existing shareholders – primarily promoters Madhu and Sidhartha Khurana and family investorseconomictimes.indiatimes.comfreepressjournal.in. “Studds will offer 78 lakh equity shares in the primary market,” ETMarkets reportseconomictimes.indiatimes.com, and “all proceeds will go to the selling shareholders”economictimes.indiatimes.com. The IPO opens Thursday and closes Nov 3, with a tentative Nov 7 listingeconomictimes.indiatimes.combusiness-standard.com. Investor buzz centers on the grey market pricing. Moneycontrol and Mint note a ₹55 GMP, implying a debut near ₹640economictimes.indiatimes.comfinancialexpress.com. Business Standard even reports a ₹650 unlisted quote on Oct 27business-standard.com. Such demand suggests retailers are keen – if it holds, early buyers could score modest gains. One finance note projects ~9.4% listing gain on the upper bandeconomictimes.indiatimes.com. Of course, grey-market spreads can shift, and the actual float-day premium is not guaranteed, but analysts say the tails are up: “the issue enjoys a ₹55 GMP, hinting at a listing price near ₹640”economictimes.indiatimes.com.
28 October 2025
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Gold vs Silver Showdown: Record Prices, Key Trends & Investment Outlook 2025

Gold & Silver Prices Crash After Historic Rally – Should You Buy, Hold or Sell Now?

Gold’s recent retreat reflects changing sentiment more than broken fundamentals. As Metals Focus’s Matthew Piggott puts it, gold’s epic 2025 rally “reflects an extremely positive macro backdrop for safe-haven assets”ts2.tech. For now, though, investors will be watching Wednesday’s US Fed meeting and any news from Trump-Xi trade talks – events that could keep bullion on edge. If the Fed cuts as expected, the dollar might weaken, but a smooth trade path would damp immediate demand for safety. In short, this pullback seems like a normal correction. Many experts are watching key levelslivemint.comfinancemagnates.com. For confident buyers, it may be a “window of opportunity”indiatoday.in – but traders should stay cautious and follow the evolving forecasts. Sources: Current prices and expert comments are drawn from India Todayindiatoday.inindiatoday.in, Reutersreuters.comreuters.com, Livemintlivemint.com, Moneycontrolmoneycontrol.com, and Ts2.tech analysists2.techts2.tech, among others. These cover both domestic and global gold/silver markets as of Oct 28, 2025.
28 October 2025
Elon Musk’s ‘Grokipedia’ Takes Aim at Wikipedia – Truth Revolution or Biased Echo Chamber?

Elon Musk’s ‘Grokipedia’ Takes Aim at Wikipedia – Truth Revolution or Biased Echo Chamber?

Elon Musk unveiled Grokipedia v0.1 to the public on October 27, 2025, marking his latest bid to disrupt a mainstream platform he deems biasedfoxbusiness.com. The site’s design closely mimics Wikipedia – featuring a dark-themed homepage with a central search bar and article layouts with familiar headings and sectionsbusinessinsider.com. On launch day, Grokipedia listed 885,279 articles on its homepagebusinessinsider.com, a hefty start for a new encyclopedia. However, within hours of going live the site became unresponsive, with many users encountering errorsbusinessinsider.com. xAI’s team scrambled to restore service, and by Monday evening Grokipedia was back onlinefoxbusiness.com. Once accessible, users immediately noticed the similarities – and differences – with its famous predecessor. Grokipedia’s entries read in an encyclopedic tone and often contain references at the bottom, much like Wikipedia. But crucially, regular users cannot edit or contribute directly to Grokipedia pages. Instead of Wikipedia’s open-edit model harnessing thousands of volunteers, Grokipedia is mostly AI-written and AI-edited. Each article comes with a note that it was “fact-checked” by Grok, the large language model developed by Musk’s xAItheverge.com. If readers spot an error, their only recourse is clicking a “Report Issue” button to suggest a correction; there’s no way to revise the text directlyndtvprofit.comndtvprofit.com. In
28 October 2025
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 28.10.2025

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28 October 2025
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CSL’s Vaccine Shock: Stock Plunges to 7-Year Low Amid Shareholder Revolt

CSL’s Vaccine Shock: Stock Plunges to 7-Year Low Amid Shareholder Revolt

CSL – Australia’s fourth-largest public company – stunned the market by cutting its profit outlook and delaying a major spinoff due to a steep and unexpected decline in flu vaccinations in the United States. In an AGM update on Oct. 28, the biotech revealed that U.S. influenza immunization rates are dropping far more than anticipated, undermining its Seqirus vaccine division’s performancereuters.com. CEO Paul McKenzie told shareholders that flu shot uptake in the U.S. was collapsing – a 12% decline in vaccination rates is now expected for the overall population this seasonmarketscreener.comreuters.com. “In our Seqirus business, we have seen a greater decline in influenza vaccination rates in the U.S. than we expected,” McKenzie said, with Chairman Brian McNamee calling the trend “remarkable”reuters.com. Policy shifts in Washington may be partly to blame – U.S. Health Secretary Robert F. Kennedy Jr. has taken a skeptical stance on vaccines, cutting funding for programs and even ousting the CDC chief who promoted flu shotsreuters.com. The unexpected vaccine slump, combined with a drop in demand for CSL’s plasma products in China, is hitting the company’s bottom linemarketscreener.com. As a result, CSL slashed its growth forecasts for the current financial year. The company now projects only 4–7%
28 October 2025
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BayWa Crisis: Cooperatives Take Over as Stock Soars on Rescue Plan

BayWa Crisis: Cooperatives Take Over as Stock Soars on Rescue Plan

A dramatic power shift is underway at BayWa AG, as its long-time cooperative shareholders step in to take the reins of the struggling company. Bayerische Raiffeisen-Beteiligungs AG and Austria’s Raiffeisen Agrar Invest, together BayWa’s largest shareholders, have effectively secured control of the firm through a fresh capital injection Boerse Express Boerse Express. RAI – affiliated with farm supplier RWA in Austria – boosted its stake to about 37.9% earlier this year and “faktisch die Kontrolle… übernommen” Boerse Express. This cooperative-led rescue comes amid “die größte Krise der Unternehmensgeschichte” Boerse Express. BayWa, a 100-year-old agribusiness and renewable energy group, had amassed heavy debts and was forced to negotiate a broad restructuring with creditors and investors over the past year. In an emergency move, BayWa’s management agreed on a comprehensive turnaround plan in late 2024, which included asset sales and a two-step equity raise backed by the co-ops Baywa Baywa. By May 2025, over 95% of BayWa’s lenders supported the restructuring concept Baywa, and Germany’s financial regulator BaFin even pre-approved the cooperative investors to increase their stake beyond takeover thresholds via the planned capital increase.
28 October 2025
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Stock Market Today

  • SpaceX (SPCX) shares fade after IPO pop; attention turns to Nasdaq-100 inclusion
    June 29, 2026, 1:43 PM EDT. SpaceX (NASDAQ: SPCX) jumped as high as $225 from its $135 IPO, but slipped back to near $155. The company is still losing cash even with $4.7 billion Q1 2026 revenue. Some see index funds as forced buyers if SPCX gets added to the Nasdaq-100, which could bring new demand and help counter worries about valuation and the risk from lock-up expiry. Analysts point to SpaceX's strong position in launches and Starlink's global network, but note ongoing cash burn and no dividend. Some investors now look at the current price as a possible opportunity with index inclusion ahead as the next big event.
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