CNBC says it is adding to its SpaceX position after a pullback, citing growth in Starlink, mobile and artificial intelligence businesses.
01Summary
- 01CNBC says it bought SpaceX at $121 and is now buying more at higher prices.
- 02The outlet says SpaceX's Starlink, mobile and AI businesses are expanding.
- 03It says the stock has pulled back, creating an opportunity to add to the position.
- 04The text does not provide any further figures, dates or terms.
02Why it matters
The story points to continued investor interest in one of the most closely watched private companies in the market. It may matter to readers tracking growth in satellite internet, mobile connectivity and AI-linked businesses.
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