SpaceX shares (SPCX) jump to $176 intraday after IPO, surpassing $165–$175 targets
SpaceX shares (SPCX) surged as high as $176 intraday on their first session after the IPO, moving above the 12-month targets set by New Street Research and Wolfe Research. The stock finished the day at $160.95. It then extended gains to $170.75 in the next session, approaching Wolfe’s $175 objective while remaining below Oppenheimer’s $190 target.