U.S. Stocks Close Higher, Virgin Galactic Falls Over 30%, MSTR Up 3.18%

BlockBeats News, June 13th, according to Bitget market data, the U.S. stock market closed on Friday with the Dow rising 0.7% initially, the S&P 500 Index up 0.5%, and the Nasdaq Composite Index up 0.3%. On the first day of trading, SpaceX (SPCX.O) surged 19%, closing at $161.1, with a total market value of $2.1 trillion, making it the sixth-largest publicly traded company in the United States.

On the other hand, other aerospace concept stocks fell, with Virgin Galactic (SPCE.N) dropping more than 30% and Rocket Lab (RKLB.O) falling more than 10%. Arm (ARM.O) rose by 11%, while Intel (INTC.O) rose by 6.5%.

As for cryptocurrency concept stocks, MSTR rose by 3.18%, CRCL fell by 5.77%, COIN fell by 0.42%, BMNR fell by 2.54%, SBET rose by 1.47%, and PURR rose by 2.47%.