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Barchart
Wajeeh Khan

A $10 Trillion Reason Why SpaceX Stock Is Up Today

SpaceX (SPCX) shares are pushing higher on Wednesday after Cathie Wood, the influential chief executive of ARK Invest, said Starship could be generating $10 trillion in annual revenue by 2030. Elon Musk responded to her ambitious forecast on X, saying it’s “not impossible.”

SpaceX stock has been a volatile ride for investors since its debut in June. As of writing, it’s down about 25% versus its year-to-date high.

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