SPCX Faces Pressure With SpaceX’s $60 Billion AI Push Straining Valuation
SpaceX stock slipped ahead of Monday’s U.S. open as traders cashed out gains from the record IPO and priced in the $60 billion Cursor deal. The most recent quote for Space Exploration Technologies Corp. was $185.00, down $6.64 or about 3.46% as of 04:06 EDT. Google Finance’s regular-session close on Thursday also showed $185.00, a drop of $6.82 or 3.56%. At $185, the shares are still 37.0% up from the $135 IPO price, but sit 18.0% below the $225.64 high.
