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SPCX Stock Climbs On Launch Activity And Google AI Pact

Shares of Space Exploration Technologies (SPCX) climbed sharply, rising more than 7% on Friday. Investors priced in a rare burst of launch activity and the start of large artificial-intelligence computing contracts. The stock closed near $159.

SPCX

Shares of Space Exploration Technologies (SPCX) climbed more than 7% on Friday as investors factored in a burst of launch activity and the start of large artificial-intelligence computing contracts. The stock closed near $159, above its IPO price of $135 but below its high of abo…