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NASDAQ:GREE 10 November 2025

Greenidge (GREE) Soars as New York Deal Paves Path to Title V Permit Renewal — What Changed Today (Nov. 10, 2025)

Greenidge (GREE) Soars as New York Deal Paves Path to Title V Permit Renewal — What Changed Today (Nov. 10, 2025)

Greenidge Generation Holdings shares surged after the company disclosed a settlement with New York’s Department of Environmental Conservation, outlining new greenhouse gas limits and a process to renew its Dresden facility’s air permit. The agreement requires steep emissions cuts and public review before final approval. Greenidge’s current permit remains valid during the process. The stock traded as high as $2.64 intraday.
10 November 2025
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Stock Market Today

  • SpaceX IPO Opens Strong: $5,000 Stake Could Grow Amid Challenges
    June 16, 2026, 10:16 AM EDT. Space Exploration Technologies (SpaceX) debuted on Nasdaq at $135, soaring to close at $160.95, marking a 19% first-day gain. The stock continued rising to around $183, reflecting robust Wall Street enthusiasm. Despite the hype, SpaceX reported a $4.3 billion quarterly loss but grew revenue by 15.4% to $4.7 billion. Its connectivity segment, driven by Starlink broadband, showed strong profit growth, while space and AI units remain unprofitable. With a hefty $1.8 trillion IPO valuation at 94 times sales, now $2.4 trillion market cap at 128 times sales, traditional valuation metrics like price-to-earnings are unavailable due to losses. Investors eye CEO Elon Musk's track record for potential long-term gains, mindful of SpaceX's mixed fundamentals and high valuation multiples.

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