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SpaceX stock rebounds toward IPO price after stronger revenue
CNBC Markets says SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
SpaceX shares have rebounded to near the company IPO price of about $135, according to CNBC Markets.
The move follows SpaceX reporting better-than-expected revenue in its second-quarter earnings report released last week.
CNBC Markets attributed the stock strength to that revenue beat, suggesting investors responded positively to the companys latest quarterly results.
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CNBC MarketsSpaceX stock rebounds to near $135 IPO price