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%.

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… SpaceX Jumps: New Grok Model Released; Elon Musk Holds Companywide Meeting Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8