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SpaceX Stock Premarket Today

Published by
Anjali Belgaumkar

SpaceX shares rose 0.40% in premarket trading on Friday to $140.50, after closing Thursday at $139.94, as investors look ahead to the company’s most ambitious Starship test yet. Flight 15 is set to launch at 22:45 GMT on Friday, or 4:15 am IST on Saturday, from Starbase in Texas. SpaceX plans to catch the Super Heavy booster with its launch tower minutes after liftoff, something it has done three times before. For the first time, it will also try to catch the Starship upper stage about 22 hours later, after the spacecraft circles Earth roughly 14 times and releases 26 Starlink V3 satellites. The catch will only go ahead if the ship passes safety checks, otherwise it will splash down in the Pacific. As of Friday morning, the FAA had not yet issued a launch licence, Reuters reported. Wall Street’s average price target stands at $246.30, though some investors prefer to wait for a pullback given SpaceX’s heavy spending.

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Anjali Belgaumkar

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.

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