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SPCX Stock Eyes 2-Week Winning Streak: FCC Weighs New Spectrum For SpaceX And Amazon — As Bezos Floats Blue Origin IPO

Stocktwits ·

Stocktwits reports: Shares of Space Exploration Technologies Corp. (SPCX) are tracking a second straight weekly gain as the Federal Communications Commission (FCC) outlined proposals that could expand satellite-to-smartphone services for SpaceX and rival Amazon, while Jeff Bezos floated an eventual Blue Origin IPO. SPCX stock rose 0.4% overnight heading into Thursday after falling 2.5% on Wednesday to $167.60. Shares are also up 5% for the week. FCC Sets October Vote On Satellite…

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