Why did SPCX move on Jun 23, 2026?
13:52 ET · AI-sourced explanation · gemini-flash-latest
Shares of SPCX surged on news that SpaceX is set to raise $25 billion from its debut U.S. high-grade bond sale [1, 2, 4]. The massive debt offering reportedly drew strong investor demand, attracting nearly $90 billion in orders by around noon [13, 14]. Additionally, sentiment was bolstered by news that United Airlines and DIRECTV are teaming up to offer live TV streaming on Starlink-enabled seatback screens [7, 8].