Movement Alert|SpaceX Rises 3.03% in Regular Trading, ARK Invest Buys the Dip Again as Grok 4.5 Launch Boosts Sentiment

Market Focus
07/10

On July 10, SpaceX rose 3.03% in regular trading, trading at $152.85/share, with turnover of $4.751 billion. The rebound follows a period of consecutive declines that saw the stock fall over 13% in five sessions.

On the news front, multiple catalysts converged to lift sentiment. ARK Invest purchased 181,847 shares of SpaceX on Wednesday, valued at approximately $27 million, marking the fund's third dip-buying move since the IPO. SpaceX has now risen to become ARK's seventh-largest holding, accounting for 4% of total assets.

Simultaneously, SpaceXAI jointly with Cursor officially released the Grok 4.5 large language model, targeting coding, autonomous agents, and knowledge-based office scenarios, with select performance metrics benchmarked against Anthropic's Opus 4.8 and OpenAI's GPT-5.5. Additionally, Bank of America initiated coverage of SpaceX with a Buy rating and a $235 price target, defining the company as a core infrastructure carrier for the space economy and highlighting orbital computing as a unique valuation catalyst.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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