In brief

  • SpaceX shares rose 2.7% as Trump highlighted that Space Force monitors the Strait of Hormuz

  • SPCX gains started during pre-market trading, hours before the president’s Truth Social post.

  • Trump’s recently revealed SPCX stake and JPMorgan’s price target of $240 offered competing catalysts

Read the original story Did one Truth Social post move the Trump SpaceX stock? by Lockridge Okoth on no.beincrypto.com