SpaceX rebounds after worst week in three months
SPCX•SpaceX shares rose 0.9% premarket after their worst weekly performance in three months. The company announced an October 20 target for a Falcon 9 rideshare mission carrying 32 payloads.
1. Shares rebound
SpaceX shares rose 0.9% premarket, rebounding after their worst weekly performance in three months. AI stocks were hammered last week due to rising rate concerns.
2. Rideshare mission
SpaceX announced an October 20 target for the Bandwagon-5 rideshare mission aboard a Falcon 9 in Florida, carrying 32 payloads. Rideshares cut costs for customers compared with dedicated rockets. Elon Musk said on X.com he would give “one of my SpaceX shares to every kid in America... first of many.”
