SpaceX (SPCX) surges 11.3% to $127.92, adding tens of billions in one session
As seen on the 24/7 Wall St. homepage on August 7, 2026.
An 11.31% jump to $127.92 is a rare kind of move for a company valued near $985 billion, adding tens of billions in market value in one session. Live coverage is still developing, so keep an eye on the stock into the close.
Continue ReadingShow less
An 11.31% single-session gain is an unusual event at any scale, but it is especially striking for a company already valued near $985 billion. At $127.92, SpaceX is trading well above its open of roughly $114.92, meaning the move unfolded entirely during regular trading hours and was not simply a carry-over from an overnight gap.
Gains of this magnitude at a near-trillion-dollar valuation imply tens of billions of dollars in market value were added in a matter of hours. Moves that large typically reflect a significant catalyst, though the specific driver had not been confirmed in available reporting at the time this was written. Investors watching the stock should pay close attention to any news or company announcements that emerge into the close, as the situation is still developing.
Sources
Mentioned: SPCX