SpaceX Shares Rise 6.6% as FAA Plans to Ease Launch Rules
SpaceX shares rose to $131.45 after the FAA said it plans to ease regulatory burdens on commercial space launch and reentry licensing.
By Natalie WegerShares of Space Exploration Technologies gained after the Federal Aviation Administration said it plans to pullback regulatory burdens to streamline commercial space launch and reentry licensing.SpaceX stock rose 6.6%, to $131.45, midday Friday.The FAA said it would overhaul its lic…