SpaceX is trading 10.10% up now at $146.75 after Norway’s $2.3 trillion sovereign wealth fund disclosed a $1.22 billion stake, its first public investment in the company.
- The fund’s 0.05% holding was publicly disclosed for the first time, strengthening investor confidence in SpaceX’s space and AI-compute prospects
- AI-sector strength, in-line CPI data, and strong AI-sector earnings are supporting broader technology sentiment
- No volume or activity-level data was provided