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SpaceX stock rises 4% amid tech rebound despite political and regulatory challenges.

Market News
06 Nov 2026, 16:56 WIB
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Bullish
SpaceX stock rises 4% amid tech rebound despite political and regulatory challenges.

SpaceX shares climbed 4% to $128.92 as tech stocks recovered after a post-election selloff that had pushed SpaceX down 25% in a month. The rebound is supported by strong U.S. jobs data and a rotation back into growth stocks, though challenges remain from increased Washington oversight and a pending Tesla merger vote. SpaceX's diverse business in rockets, satellite broadband, and AI helps it stand out, but risks include high debt insurance costs and regulatory reviews that could slow its Starship launches. Investors remain cautious as the merger outcome and regulatory impacts unfold.

SpaceX shares are up 5.61% at USD 130.56 on Pluang as of Nov 06, 2026 22:11 WIB, slightly above the article's reported price. Rocket Lab also gained 5.59%, trading at USD 48.56, showing strong interest despite a high sell order activity of 94%. AST SpaceMobile remains nearly flat with a 0.20% increase at USD 30.26, reflecting a more cautious stance among investors on Pluang.

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