SOFI is trading 3.24% up at $16.13 following news that SoFi Invest may offer retail access to SpaceX’s anticipated IPO.
- The company-specific headline acted as a clear catalyst, building on a 4.7% pre-market gain at $16.36 during early trading.
- Broader market indices are providing additional tailwinds, with the S&P 500 up 0.71% and the Nasdaq Composite up 0.99%.
- The move is largely independent of the crypto sector, as Bitcoin, Ethereum, and Solana are all trading slightly lower since the last close.