Right on the heels of a fresh round of rumors about Apple’s autonomous car project, Apple’s stock price spiked to a new all-time high today, touching $157.87 per share before pulling back slightly.

aapl new high 18nov2021
The previous all-time intraday high was set back on September 7 at $157.26, and Apple’s stock is now up over 21% so far in 2021 and 33% over the past twelve months.

Investors are no doubt looking toward the potential impact of Apple’s entry into the massive automobile market, but any launch is still a number of years away, with Apple’s rumored target of 2025 reportedly seen as optimistic even by some within the company.

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