Solidion Technology said it plans to buy a stake in SpaceX as a long-term treasury asset, sending its shares sharply higher on Monday. The move positions the company among a growing number of listed firms seeking balance-sheet exposure to Elon Musk's aerospace company. The announcement is more a speculative treasury strategy than an operating update, but it could move STI materially.
Solidion Technology said it plans to buy a stake in SpaceX as a long-term treasury asset, sending its shares sharply higher on Monday. The move positions the company among a growing number of listed firms seeking balance-sheet exposure to Elon Musk's aerospace company. The announcement is more a speculative treasury strategy than an operating update, but it could move STI materially.
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