Why Does SpaceX Stock Keep Going Up?
Key takeaways
- Rich Smith, The Motley Fool Wed, June 17, 2026 at 9:23 PM GMT+7 3 min read SPCX NVDA INTC Space Exploration Technologies (NASDAQ: SPCX) stock has literally never gone down.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- As recently as November, Cursor had been valued at $29.3 billion in its latest funding round, so the price SpaceX is paying for it could be twice what it s worth.
Rich Smith, The Motley Fool Wed, June 17, 2026 at 9:23 PM GMT+7 3 min read SPCX NVDA INTC Space Exploration Technologies (NASDAQ: SPCX) stock has literally never gone down. Granted, the stock has only been trading for three days since conducting the biggest IPO ever on Friday -- but each of those three days, the stock has gone up, including today, with Space X shares rising a modest 2% through 9:45 a.m. ET.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
The most immediate and obvious catalyst behind today s continued rise is the news SpaceX released yesterday, when the space company announced it will become even more of an artificial intelligence company than it already was, but spending $60 billion in stock to acquire Anysphere, the private software company that owns popular AI coding tool Cursor.