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SpaceX Stock Gains 2.7% Ahead Of Starship Flight And Huang Hiring Talk
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
SpaceX shares rose 2.74% to $143.58 on Thursday, gaining $3.83 even as Nvidia sank after Jensen Huang’s resignation as CEO. Part of the attention comes from Elon Musk, who replied on X a day earlier that hiring Huang would be an honour, responding to a post from ZeroHedge urging him to do so. Musk did not say what role he had in mind, but the remark has fuelled speculation about a possible link-up. The two companies are already closely tied. SpaceX, which merged with Musk’s AI startup xAI in February and listed in June, runs its fast-growing AI computing business on Nvidia hardware, and Nvidia holds a multibillion-dollar stake in SpaceX. Investors are also looking ahead to Friday’s Starship Flight 15, when SpaceX will attempt to catch both the booster and upper stage with its launch tower for the first time.
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