business
Virgin Galactic stock pops ahead of SpaceX IPO
Key takeaways
- What s behind the move: Shares of the space travel company jumped in what appears to be a halo trade ahead of the highly anticipated Space X IPO.
- Shares of outer space-related companies also jumped, including Rocket Lab (RKLB), which was up 5%.
- There has also been some speculation that the company s ticker, SPCE, is similar to the one under which SpaceX shares will trade, SPCX, causing some confusion among retail investors.
Virgin Galactic stock pops ahead of Space X IPO Ines Ferré · Senior Business Reporter Thu, June 11, 2026 at 10:36 PM GMT+7 2 min read SPAX.PVT SPCE RKLB SPCX What happened: Virgin Galactic (SPCE) stock rose 23% on Thursday ahead of Space X s (SPCX) expected IPO on Friday.
What s behind the move: Shares of the space travel company jumped in what appears to be a halo trade ahead of the highly anticipated Space X IPO.
Shares of outer space-related companies also jumped, including Rocket Lab (RKLB), which was up 5%. Both Rocket Lab and Virgin Galactic are rebounding after a volatile few weeks for the sector.
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