Stock Market Today, Oct. 20: SpaceX Stock Gains After Market Close on Q3 Earnings Report
Space Exploration Technologies (NASDAQ:SPCX), better known as SpaceX, a reusable rocket launch and satellite broadband services provider, closed at $147.79, down 0.11%, on Oct. 20. However, shares rebounded to $155.40, up 5.15%, in early after-hours trading as investors weighed an after-close Q3 report.
Trading volume reached 89.4 million shares, coming in nearly 5.5% below its three-month average of 94.5 million shares. SpaceX IPO’d in 2026 and has fallen 8% since going public.
S&P 500 (SNPINDEX:^GSPC) closed at 7,713, up 0.28%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,425, down 0.02%. Among aerospace and defense space rivals, Rocket Lab (NASDAQ:RKLB) closed at $50.90, down 0.90%, and AST SpaceMobile (NASDAQ:ASTS) closed at $41.13, down 1.77%, as satellite broadband and launch names tracked company-specific earnings and spectrum headlines.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.