SpaceX Stock Hits June High, Returns Musk to Trillionaire Status — SkimNews
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- SpaceX stock climbed to its highest level since June, a move that returned Elon Musk to trillionaire status, according to CNBC
- Sequoia partner Maguire said investors are "just starting to understand" SpaceX, framing the stock move as part of a broader reappraisal rather than a one-day spike
Why it matters: Musk regaining the trillionaire threshold hinges on SpaceX's private-market valuation, which has climbed steadily through 2025 as Starship progress and Starshield defense contracts reshape investor expectations of the company's revenue pipeline.
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