Chijet Motor shares surge 10.52% premarket as company announces name change to Digital Currency X Technology and ticker DCX.

Chijet Motor (NASDAQ:CJET) surged 10.52% in premarket trading following the announcement that it will rebrand as Digital Currency X Technology Inc. and trade under the ticker "DCX" effective December 10, 2025. The name change, coupled with the company’s recent strategic moves into digital assets—including a $400 million treasury in tokens and a $1 billion EdgeAI token acquisition deal—signals a pivot toward blockchain and cryptocurrency sectors. While the company faces financial challenges (negative gross margins, cash reserves in decline), the rebranding and digital asset initiatives may have attracted speculative buyers betting on the firm’s pivot to high-growth tech themes. The timing aligns with the stock’s 99% decline over the past year, suggesting the market may view the shift as a catalyst for renewed investor interest.