XCF Global shares surge 10.51% premarket as policy-driven SAF market growth and $350M+ investments in production capacity boost industry optimism.

XCF Global surged 10.51% in premarket trading following the release of multiple news events highlighting growing momentum for sustainable aviation fuel (SAF) adoption and the company’s strategic investments. The firm emphasized U.S. federal and state policy alignment accelerating SAF deployment, with the domestic market projected to grow from $860 million in 2024 to $7 billion by 2030 (47% CAGR) and a $25 billion global opportunity. XCF also disclosed $350 million in investments in its New Rise Reno facility and plans for a $300 million expansion to double production capacity to 80 million gallons annually. CEO Chris Cooper underscored the U.S. SAF Grand Challenge’s 3 billion gallon 2030 target and the company’s role in scaling domestic supply chains. These developments, coupled with low-carbon fuel standards in states representing 40% of U.S. jet fuel demand, reinforced optimism about XCF’s position in the decarbonization transition, directly aligning with the stock’s sharp premarket increase.