SpaceX rebounds after worst week in three months

By Reuters News

** SpaceX shares SPCX.O rise 0.9% to $147.35 premarket

** Rebounds after worst weekly performance in three months

** AI stocks were hammered last week due to rising rate concerns

** SPCX announces October 20 launch target for Bandwagon-5 rideshare mission aboard Falcon 9 in Florida, to carry 32 payloads

** Rideshares cut costs for customers compared with dedicated rockets

** Also, Musk says on X.com he would give "one of my SpaceX shares to every kid in America... first of many."

** Stock 8.2% above $135 IPO price

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