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Velo3D shares rise 9.31% to $25.24 after CEO links SpaceX Raptor 4 production to its platform

Velo3D’s CEO said SpaceX’s latest Raptor 4 engine is manufactured entirely on the company’s technology platform, and that Velo3D is producing parts for the engine’s mass production. He added that Velo3D previously supplied multiple machines to SpaceX and that the two sides have been in ongoing talks about additional orders. The stock rose 9.31% to $25.24, and the RSI was in a neutral range.
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