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stocksAug 12, 2026, 6:23 PM

SpaceX Stock Extends Gains Above 10% on the Day

SpaceX shares extended their intraday gain beyond 10%, pushing the five-day advance to nearly 40% and adding roughly $550 billion in market value since August 6.

SPCX

SpaceX stock, trading under the ticker SPCX, extended its daily gain to more than 10%. The move brings the share price increase over the last five trading sessions to nearly 40%.

The rally has been substantial in market-cap terms. The company has added approximately $550 billion in market capitalization since August 6, according to the source post.

Source: The Kobeissi Letter