SPCX Shares Edge 0.1% Lower Premarket
Space Exploration Technologies shares edged 0.1% lower premarket Monday. Retail traders speculated that Cerebras Systems’ selloff could create an opening for Elon Musk to buy the chipmaker.
Shares of Space Exploration Technologies Corp. (SPCX) edged 0.1% lower premarket on Monday as retail traders speculated that Cerebras Systems’ steep selloff could give CEO Elon Musk an opening to buy the AI chipmaker.SPCX stock rose 1.9% on Friday to close at $147.49, while Cerebras (CBRS) gained 1…