$1,000 invested in SpaceX stock 1 month ago is now worth

In the last 30 days, SpaceX (NASDAQ: SPCX ) stock saw significant volatility and two strong rallies, with one taking it above $170 for the first time since June, but by press time in the October 23 pre-market, its destination proved unexpectedly close to the start of the journey. Specifically, if an investor put $1,000 in SPCX shares close to the evening bell on September 23, they would have purchased the equity at roughly $148.36. On October 22, SpaceX stock closed at $144.75 and, the following morning, it was changing hands at $149.43 after a 3.23% extended-session rally. Considering the price moves, the original $1,000 investment would have become $975.70 – for an unrealized loss of $24.30 – by Thursday evening, and it would have turned into $1,007.21 in the…

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