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SpaceX Jumps: New Grok Model Released; Elon Musk Holds Companywide Meeting

SpaceX (SPCX) shares jumped 9.7% on Wednesday after CEO Elon Musk released the latest Grok AI model and held a companywide meeting reiterating the goal of making humanity multiplanetary. The stock gave back some gains early Thursday, falling about 1.5%.

read1 min views1 publishedAug 13, 2026
SpaceX Jumps: New Grok Model Released; Elon Musk Holds Companywide Meeting
Image: source

SpaceX shot up 9.7% on Wednesday after CEO Elon Musk gave a companywide pep talk and released its latest Grok AI model. The stock reversed some of those gains early Thursday morning, falling about 1.5%. On Tuesday, Musk held an all-hands meeting with SpaceX (SPCX) employees in which he reiterated the company's goal to make humanity a multiplanetary species and…

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