SpaceX Shares Recover After Data Center Lawsuit Scare

SpaceX shares rebounded to $152.35 on Thursday, recovering after briefly nearing their $135 IPO price earlier in the week. The dip was triggered by a lawsuit that forced the shutdown of gas turbines at SpaceX's Colossus 2 data center, raising concerns about a reported $45 billion contract with AI company Anthropic. Despite the turbulence, Wall Street sentiment remains broadly positive. Morgan Stanley and JPMorgan have issued bullish commentary, ARK Invest purchased 182,000 additional shares Wednesday, and SpaceX recently achieved the fastest-ever Nasdaq-100 inclusion, just 15 trading days after its record-setting IPO.