SPACE X is trading 3.2% up at BRL 37.81 as risk-on sentiment lifts major tech and AI names alongside the broader market.
- The move aligns with the S&P 500 and Nasdaq both rising over 1%, reflecting improving macro conditions and a renewed appetite for growth stocks.
- The price action follows a period of post-IPO volatility and prior downside driven by valuation concerns, rather than fresh company-specific news.