RDDT
$175.39 -0.79 (-0.45%)
🚫 does not pay dividends

Company News

'No One Is Buying SPCX On Fundamentals': Reddit's Playbook For The SpaceX Stock Mania
Benzinga • Erica Kollmann • June 16, 2026

SpaceX's IPO debut has driven massive retail investor speculation despite fundamental concerns. Reddit traders are openly acknowledging they're buying on hype rather than valuation, with Morningstar valuing the company at $780 billion versus its $1.77 trillion IPO price. The stock has gained roughly $800 billion in market cap in two trading days,...

Stock Market Today: SpaceX Jumps To $175, Rocks Space Rivals
Benzinga • Piero Cingari • June 12, 2026

SpaceX debuted on Nasdaq at $175, up 30% from its $135 IPO price in the world's largest IPO at $1.75 trillion valuation. The listing triggered a rotation in the space sector, with competitors experiencing significant declines. The broader market was mixed, with the S&P 500 up 0.2%, Dow up 0.5%, and Nasdaq down 0.1%, as geopolitical concerns about...

SpaceX's Biggest Believers Say The IPO Is A Ticket To A 'Star Trek Future' — Here's What Jim Cramer, Alexis Ohanian And Others Are Talking About
Benzinga • Radhika Anilkumar Nadig • June 12, 2026

SpaceX began trading on Nasdaq on June 12, 2026, at a $1.77 trillion valuation in what is expected to be the largest IPO in history. Bullish investors and analysts project significant future revenue potential from Starlink and Starship, with some forecasting $300-400 billion in annual revenue by 2030. However, the valuation divides Wall Street, w...

4 Top Stocks I'm Buying In June
The Motley Fool • Neil Rozenbaum • June 11, 2026

Neil Rozenbaum discusses four interesting companies worth attention during uncertain market times. Three major AI and cybersecurity names recently sold off after earnings, with the next market move potentially deciding whether the bull run continues.

Is Reddit Stock an Undervalued Stock to Buy?
The Motley Fool • Parkev Tatevosian, Cfa • May 29, 2026

The article examines whether Reddit (RDDT) represents an undervalued investment opportunity, highlighting the lucrative potential of its user-generated-content business model at scale. CEO Steve Huffman's recent comments about Reddit's role in the AI revolution are noted as a potential catalyst for investor interest.

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