FeesSafety
Pluang+

US Rep. Maria Salazar sold SpaceX shares weeks after buying, amid strong company growth and high valuation.

Market News
26 Oct 2026, 17:19 WIB
Finbold
View Source
Neutral
US Rep. Maria Salazar sold SpaceX shares weeks after buying, amid strong company growth and high valuation.

US Representative Maria Elvira Salazar sold between $1,001 and $15,000 of SpaceX stock on September 24, 2026, shortly after purchasing shares in August. SpaceX, which went public in June 2026 with a $1.77 trillion valuation, has attracted interest from several members of Congress. Despite strong revenue growth of $27.08 billion in the first nine months of 2026, the company faces high capital expenditures and cash burn, which could lead to share price volatility. Salazar's sale highlights early trading activity among lawmakers in this high-profile IPO.

SpaceX holds a commanding market cap of $2.00 trillion as of October 26, 2026, 21:31 WIB, with a daily trading volume exceeding 110 million shares on Pluang. The stock price stands at USD 147.96, showing a modest 0.32% increase on the day. Investors on Pluang typically hold SpaceX shares for about 44 days, indicating a medium-term interest in this high-profile industrial sector stock.

More News (SPCX)

Tesla jumps 6% on Barclays upgrade citing potential SpaceX merger; Lucid and Rivian stocks fall.

Tesla jumps 6% on Barclays upgrade citing potential SpaceX merger; Lucid and Rivian stocks fall.

Tesla's stock rose 6% following a Barclays upgrade to Overweight, driven by potential merger talks with SpaceX and expected growth from Full Self-Driving tech and Shanghai exports. Barclays raised Tesla's price target to $450, highlighting a possible...

Market News
Bullish
5 hours ago
Barclays upgrades Tesla to 'Buy' with $450 target after strong Q3 and SpaceX merger potential.

Barclays upgrades Tesla to 'Buy' with $450 target after strong Q3 and SpaceX merger potential.

Barclays analyst Dan Levy upgraded Tesla stock from 'Hold' to 'Buy' and raised the 12-month price target from $370 to $450 following Tesla's strong Q3 earnings and potential SpaceX merger. The upgrade reflects optimism about Tesla's growth in self-dr...

Analyst Insights
Bullish
8 hours ago
Stock futures rise ahead of Big Tech earnings and Fed rate decision this week.

Stock futures rise ahead of Big Tech earnings and Fed rate decision this week.

Stock futures increased Monday as investors prepare for a busy week featuring earnings reports from major tech companies like Alphabet, Microsoft, and Amazon, alongside the Federal Reserve's upcoming interest rate decision. These events are closely w...

Market News
Neutral
9 hours ago
SpaceX secures $40B debt deal to buy AI chips, expanding its AI chip rental business.

SpaceX secures $40B debt deal to buy AI chips, expanding its AI chip rental business.

Elon Musk announced that SpaceX has closed a $40 billion debt deal, leveraging its strong credit rating and diversified business model. The funds will be used to purchase graphics processing units (GPUs), which are essential for AI processing. SpaceX...

Market News
Bullish
17 hours ago
SpaceX secures $40B debt to buy AI GPUs, signaling a major AI investment push.

SpaceX secures $40B debt to buy AI GPUs, signaling a major AI investment push.

SpaceX has closed $40 billion in debt financing to purchase GPUs for artificial intelligence, expected to arrive in early 2027. The financing, mainly callable debt, supports SpaceX's growing AI business, which saw a ninefold revenue increase to $7.56...

Market News
Bullish
18 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App