SpaceX Shares Jump Nearly 9% Premarket Following Quarterly Results

SpaceX shares rose nearly 9% to $161.08 before the U.S. market opened Oct. 21 following its quarterly results, while stock-index futures and AI-linked shares also advanced. Futures on all three major U.S. stock indexes were higher. Nasdaq 100 futures gained about 0.8%. Tesla shares rose 2.67% to $383.68 ahead of the opening bell. Chipmakers joined the early gains. Nvidia climbed 1.8%, AMD 2.5% and Intel 2.9%. SanDisk rose 2.9%, Western Digital 2.1% and Seagate Technology 2.4%. Other AI-linked companies also advanced. Credo gained more than 5.2%, Lumentum about 3.98% and CoreWeave about 2.95%, extending the premarket gains beyond chipmakers.