{
  "id": 13127899,
  "title": "SpaceX’s US$750 billion rally breaks stock out of post-IPO funk",
  "url": "https://urgent.news/2026/10/09/spacexs-us-750-billion-rally-breaks-stock-out-of-post-ipo-funk",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T13:45:12.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/spacexs-us750-billion-rally-breaks-stock-out-post-ipo-funk"
  },
  "original_language": "en",
  "account": "SpaceX's stock has broken free from its post-IPO volatility, indicating insider confidence. Since July, the company's shares have been trading below $160, but they have surged above that level this week. The stock has jumped 48% in just three months after hitting a low of $108 in late July, erasing $1.2 trillion in market value. This resurgence has added back more than $750 billion in value since August. Five decades of milestones and moments that shaped Singapore's success story have shaped SpaceX's journey, as reported by a Bloomberg Intelligence analyst. The steadiness in the stock price suggests that insiders are not selling their stakes, despite the expiration of lock-ups that previously restricted early investors from selling their shares. This development, combined with the rebalancing of the Nasdaq 100, has given SpaceX a larger weight in the index, potentially boosting investor interest. Analysts believe the stock is trading at a lower valuation compared to its IPO price, with a forward earnings multiple of 111 times expected earnings over the next 12 months. However, the company is planning to raise $40 billion in debt to purchase chips from Nvidia, which could lead to further volatility. Despite the risks, many investors are focusing on SpaceX's long-term potential and are willing to ride out the near-term fluctuations.",
  "summary": "Steadiness in the share price of Elon Musk’s company indicates insiders are not unloading their stakes",
  "key_points": [
    "SpaceX stock breaks $160 barrier, up 48% in three months",
    "$750 billion in market value added since August",
    "Analysts note lower valuation multiple of 111x earnings"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "TD Cowen reiterates Buy on SpaceX stock, cites spectrum buy",
        "url": "https://urgent.news/2026/10/09/td-cowen-reiterates-buy-on-spacex-stock-cites-spectrum-buy",
        "published": "2026-10-09T14:30:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}