SpaceX releases Grok 4.5 model and gains increased holdings from Katherine Wood, Citigroup gives buy rating

SpaceX rose 1.38% in pre-market trading to $150.35. SpaceX has released the Grok 4.5 model in collaboration with Cursor for handling complex tasks and enhancing network security. Katherine Wood's Ark Invest increases its stake in SpaceX. Citigroup has given SpaceX a buy rating and a target price of $200, and stated that the stock price is expected to reach over $900 in the future.