India, Aug. 7 -- The stock price of SpaceX (SPCX) surged by more than 11% on Thursday amid strong demand for the stock, as investors got into positions before the earnings announcement of the company. Positive investor sentiment regarding growth stocks, falling inflation worries and renewed optimism about companies in the space, AI and connectivity business helped to drive the gains. Although there has been some turbulence recently, the sharp bounce shows confidence in the future performance of the company.

SpaceX Stock Price Today

SpaceX (SPXC) was priced at $127.76, having increased by $12.84 (11.17%) throughout the trading session. Its highest price during the trading session was $128.16 after starting at $114.97, whereas its lowest ...