Why is SpaceX stock going up? AI growth, spending and Starship explained

SpaceX stock has seen a huge swing since its debut. SpaceX stock started trading at around $135 a share. It then jumped to nearly $225, before falling to about $105. The stock has since recovered to around $140.

The big question is why the stock is moving so much when SpaceX’s long-term plans have not changed much. The recent volatility appears to be linked to very high investor expectations, SpaceX’s massive spending and growing attention on its Starship rocket, according to the Yahoo Finance analysis.