Hover to inspect · pre-market & after-hours shaded · MA(10) and RSI(14) computed from the session
SPCX · NASDAQ · September 29, 2026
Anthropic Discloses Up to $84.5 Billion in SpaceX Compute Deals, Report Says
SPCX closed at $149.27 on September 29, 2026, up 2.61% from the prior close of $145.47, on volume of 66,976,574 shares.
Executive Summary
SPCX rose 2.61% to $149.27 after opening at $146.63 and trading between $145.47 and $150.06. The close sat in the upper part of the day's range and $14.27 above the $135.00 IPO offer price, though still below the $160.95 first-day close. Volume of 66,976,574 shares was about 0.62 times the average to date of 91,399,960, so the advance came on lighter participation than usual.
The headlines point to analyst coverage and the prior session's Starship orbital flight as the main drivers. Benzinga reported that TD Cowen initiated coverage with a Buy rating and a $200 price target, and tied the move to momentum from Monday's successful Starship orbital flight. Other coverage covered the lockup schedule through 2027, reported Anthropic compute agreements with SpaceX, and a Musk comment on Starlink and Delta. Those items are reported context, not confirmed causes of the price move.
News
1. Elon Musk Says Most Likely Outcome Of AI Is Incredibly Beneficial
(Benzinga, Sep 29, 4:14 PM ET)
2. President Trump Says Will Be Naming AI Czar In Next Three Or Four Days
(Benzinga, Sep 29, 4:00 PM ET)
3. President Trump On Meeting With AI Leaders, Says Signed AI Document That Is A Form Of Protection, I Think Document Is Morally Binding; Think We Are Seeing Tremendous Self-Policing, AI Leaders Understand That; We Are Thking Of Creating Committee To Watch Over
(Benzinga, Sep 29, 3:54 PM ET)
4. Exclusive: Starship's Weak Spot Could Help Rocket Lab and Firefly
SpaceX's Starship reached orbit, but its one-orbit limits could boost dedicated launch firms like Rocket Lab and Firefly. (Benzinga, Sep 29, 3:42 PM ET)
5. U.S. House Speaker Johnson On Meeting With AI Leaders, Says We Discussed Striking Right Balance; Discussed AI Companies Ensuring Safety; AI Providers Committed To Building Trust; We Just Signed Accord On AI, Which Is A Statement Of Standards; We'll Continue To Assess And Deliberate In Coming Days; We Can Keep Edge In A Safe Way
(Benzinga, Sep 29, 3:41 PM ET)
6. Trump Says Self-Regulation Is Very Important In AI After Meeting With AI Leaders; Says US Has Big Lead On AI And Wants To Keep It
(Benzinga, Sep 29, 2:38 PM ET)
7. CNBC Halftime Report Final Trades: Advanced Micro Devices, AbbVie, SpaceX, Eaton
(Benzinga, Sep 29, 1:01 PM ET)
8. SpaceX Stock Rises Tuesday: What's Fueling the Move?
SpaceX shares are trading higher Tuesday after TD Cowen initiated coverage with a Buy rating, adding to momentum from Monday's successful Starship orbital flight. (Benzinga, Sep 29, 12:33 PM ET)
Price Action
| Metric | Value |
|---|---|
| Open | $146.63 |
| High | $150.06 |
| Low | $145.47 |
| Close | $149.27 |
| Change vs prior close | +$3.80 (+2.61%) |
| Volume | 66,976,574 |
| Intraday range | $4.59 ($145.47 to $150.06) |
| Close vs IPO | +$14.27 vs $135.00 offer price; -$1.68 vs $160.95 first-day close |
SPCX opened above Monday's $145.47 close and did not trade below it during the session. The low of $145.47 matches the prior close exactly, so buyers defended that level from the open. The stock then pushed up to $150.06 and closed at $149.27, with a close location of 0.83 in the day's range. Volume was lower than Monday's 83,541,646 shares and below the average to date, so the rise was not backed by unusually heavy trading.
The close is the highest since September 22, when the stock closed at $154.72. The last six closes have stayed between $145.47 and $154.81 since September 16.
SPCX gained 2.61% to $149.27 on below-average volume, holding the prior close as its low of the day.
Technicals
SPCX has traded for only about 80 sessions, so the 200-day moving average is not available. The 14-day RSI and the 20-day and 50-day averages are computed, but they rest on a short history and a large IPO-period swing, so they carry less weight than they would for an established stock. This section leans on price structure, candle shape, volume, and real levels from the data.
Trend
Over the past month the stock has moved sideways to slightly higher. Closes since September 3 have ranged from $143.49 to $154.81. The 5-day simple moving average is $147.96 and the 5-day exponential average is $148.58, both just below the close. The 10-day simple average is $150.48, above the close, and the 20-day simple average is $148.87, just below it. The 50-day simple average is $136.94, well below the current price, which reflects the rebound from the August low of $108.27. The 14-day RSI reads 53.29, near the midpoint. In short, the stock sits in the middle of a range, with no clear directional signal from these readings.
Candle read
The candle has a body of $2.64, an upper wick of $0.79, and a lower wick of $1.16, across a range of $4.59. The body is the larger part of the range and it closed above the open, so the session was a modest bullish candle. The lower wick shows early selling near $145.47 was absorbed. The upper wick shows some supply near $150.06. The close location of 0.83 means the stock finished closer to the high than the low.
Support levels
- $148.68: the September 25 close, just under the current price.
- $146.63: today's open.
- $145.47: today's low and Monday's close, the most recent defended level.
- $143.49: the September 15 close, the low of the recent range.
- $135.00: the IPO offer price, and also the August 24 close.
Resistance levels
- $150.06: today's intraday high.
- $150.48: the 10-day simple average.
- $154.81: the September 17 close, the top of the recent closing range.
- $160.95: the first-day IPO close.
Momentum interpretation
Bull case: a close above $150.06, then above $154.81, would put the stock at the top of its multi-week range. The 200-day average being unavailable means there is no long-term average to test on that side. A follow-through session on higher volume than today's 66,976,574 shares would add weight to the move.
Bear case: a close back below $145.47 would erase today's gain and return the stock to the lower half of its recent range. A break of $143.49 would be a lower close than any since early September.
Neutral case: continued trading between $145.47 and $150.06 would keep the stock in the middle of its range. Below-average volume would fit that kind of consolidation.
Trading Takeaway
SPCX rose 2.61% on a day when TD Cowen started coverage with a Buy rating and a $200 target, according to Benzinga. Volume was 0.62 times the average to date, so participation was light. The stock closed near the high of the day, defended Monday's close as its low, and is still inside the range it has held since early September. It remains above the $135.00 IPO offer price and below the $160.95 first-day close.
For the next session, the levels to watch are $150.06 and $150.48 on the upside, and $148.68, $146.63, and $145.47 on the downside. The Crew-13 launch is scheduled for no earlier than 11:10 A.M. EDT on October 1, according to the ISS National Lab, and is an event traders may follow.
Sources
- SpaceX Stock Rises Tuesday: What's Fueling the Move? (Benzinga)
- TD Cowen Initiates Coverage On SpaceX with Buy Rating, Announces Price Target of $200 (Benzinga)
- SpaceX's Next Big Business Is on the Ground, TD Cowen Says (Benzinga)
- Elon Musk Can't Sell SpaceX Shares Until 2027. Here's Who Can, and When. (The Motley Fool)
- Anthropic Discloses up to $84.5 Billion in SpaceX Compute Agreements - The Information (Benzinga)
- SPCX CEO Elon Musk Warns Delta Will 'Lose A Lot Of Customers' Over Starlink Snub (Benzinga)
- International Space Station National Lab Announces NASA's SpaceX Crew-13 Mission (Benzinga)
- SpaceX Stock Falls 2% After Starship's First Orbital Launch (Benzinga)
- Alpaca Markets (SIP) — market data
Disclaimer
This report is for informational purposes only and is not investment advice. It does not recommend buying or selling any security. Market data and news may contain errors or delays, so verify all figures independently with primary sources before making any financial decision.