SpaceX Stock Surges Despite Insider Sales | Durham News

SpaceX’s stock defied expectations, jumping 2.5% after insiders cashed out nearly a billion shares—despite fears it would crash. Analysts like Morgan Stanley are now calling it a buying opportunity, predicting a potential triple in value to $300 by next year. While the company posted a $541M loss, it beat earnings estimates and saw revenue surge 90% to $7.8B. Heavy R&D spending on AI and future tech is fueling investor nerves, but for now, the rocket’s ride continues upward. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/eba8c1e241d1bc0b