SPCX intraday price chart for October 26, 2026

Hover to inspect · pre-market & after-hours shaded · MA(10) and RSI(14) computed from the session

Open

$146.80

High

$150.24

Low

$144.57

$146.90

Volume

94.4M

Vol/Avg

0.92×

SPCX · NASDAQ · October 26, 2026

Anthropic IPO Filing Shows $120.5B Compute Commitment to SpaceX

$146.90 $0.59 -0.40% vs prior close

SPCX closed at $146.90 on October 26, 2026, down 0.4% from the prior close of $147.49, on volume of 94,441,751 shares.

Executive Summary

SPCX ended a quiet session just below the prior close, in a day range of $144.57 to $150.24. Shares opened at $146.80 and closed at $146.90, so the net move from open to close was only $0.10. Volume of 94.4 million was about 0.88 times the average to date, a lighter turnout than the prior session's 110.7 million.

The headline flow was heavy. Several items covered SpaceX's $40 billion debt financing for AI chips, which Benzinga reported as closed, and Elon Musk's comment that debt markets have tightened for companies without substantial revenue independent of AI data centers. Other items covered the proposed Tesla merger, with Benzinga citing analyst Dan Ives putting the odds at 80%-90% by 2027, and comments from the Verizon CEO about SpaceX's wireless ambitions. Reports also covered a Starlink inflight Wi-Fi agreement with EasyJet and a Falcon 9 launch targeted for November 1. The provided headlines do not tie any single item to the day's price move, and this report does not attempt to.

News

1. CoreWeave Debt Fears Hit a Record — Some Are Whispering 'Lehman'

CoreWeave CDS hit a one-year record of 1,167 bps, implying about 62% default odds, as strategists draw Lehman parallels and Musk warns on neoclouds. (Benzinga, Oct 26, 3:58 PM ET)

2. Anthropic's IPO Keeps Founders in Control Through a "Founder LLC" Voting Structure

AI company Anthropic filed for its IPO on Nasdaq under ticker ANT with an unconventional five-class share structure that keeps founders in control while handing board majority to an independent AI safety trust. Public investors gain financial exposure but no governance power, unlike typical tech IPOs where founders use super-voting shares to maintain control. (The Motley Fool, Oct 26, 3:57 PM ET)

3. Anthropic: The 5 Most Important Things Investors Need to Know from Its IPO Filing

Anthropic filed for its highly anticipated IPO expected to be valued between $1.5-2 trillion. The AI company demonstrated exceptional revenue growth of 1,304% in H1 2026 to $16.29 billion, with a diversified customer base where no single customer exceeds 10% of revenue. However, Q3 revenue guidance of $16.8 billion showed material sequential slowdown. While the company reported $80.7 billion in losses, $72 billion were non-cash accounting charges related to convertible notes. Anthropic has committed to massive computing infrastructure spending ($114.5B with Alphabet, $125-150B for TPUs, $110B with Amazon, $44.9B with Microsoft, $120.5B with SpaceX) but is showing early signs of operating leverage with revenue growing 1,368% while compute expenses grew only 300% in Q2. (The Motley Fool, Oct 26, 2:55 PM ET)

4. Elon Musk Warns of “Death and Consolidation” Across the AI Cloud Industry. Is SpaceX Really Different?

Elon Musk warns that tightening debt markets are forcing widespread failures and consolidation among AI cloud providers ('neoclouds'). While SpaceX has diversified revenue streams that provide protection from this financing crunch, its AI infrastructure investments remain unproven and must eventually generate sufficient returns to justify their enormous costs. (The Motley Fool, Oct 26, 2:33 PM ET)

5. SpaceX Targeting Sunday, November 1 For A Falcon 9 Launch Of The USSF-432 Mission

(Benzinga, Oct 26, 1:59 PM ET)

6. 9 Communication Services Stocks Whale Activity In Today’s Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will (Benzinga, Oct 26, 1:35 PM ET)

7. Elon Musk Says Happiness Peaks Fast Once You're a Billionaire — 'You Hit That Saturation Point Pretty Fast'

CEO Elon Musk says the difference between having $1 billion and $10 billion is less about personal happiness and more about figuring out what to do with all that money. (Benzinga, Oct 26, 1:00 PM ET)

8. Nearly 13% of SpaceX's $4.4 Billion Profit Came From This "Boring" Investment

SpaceX reported $4.4 billion in net income for Q3 2026, but nearly 13% ($561 million) came from an unrealized accounting gain on its investment in The Boring Company following a $3 billion funding round. While SpaceX's operating income of $2.8 billion shows genuine operational improvement, the company is spending heavily on capex ($19.6 billion in Q3 alone) for AI infrastructure, Starship development, and satellite production, with guidance of $35-40 billion for Q4. (The Motley Fool, Oct 26, 1:00 PM ET)

Price Action

Metric	Value
Open	$146.80
High	$150.24
Low	$144.57
Close	$146.90
Change vs prior close	-0.4% (prior close $147.49)
Volume	94,441,751
Intraday range	$5.67
Close vs IPO	$146.90 vs $135.00 offer price; $160.95 first-day close

SPCX opened almost exactly where it closed, so the session's story was the excursion in between. Buyers pushed the stock to $150.24, but it could not hold the highs, and sellers took it down to $144.57 before it settled back near the open. The close sat at 41% of the day's range, slightly below the midpoint. The $146.90 close is about 8.8% above the $135.00 IPO offer price and about 8.7% below the $160.95 first-day close.

The prior session closed at $147.49 after a sharp drop from $159.31 on October 21 to $144.75 on October 22, then a partial recovery. Today's close of $146.90 is within that recovery zone, below the prior close by $0.59.

Takeaway: a low-conviction, slightly negative day that finished near its open on below-average volume.

Technicals

SPCX has only a few months of trading history, so some standard tools remain limited. The 200-day moving average is not available, and the 14-day RSI and the 20- and 50-day averages come from short samples and should be read as rough context, not established signals. The analysis below leans on price structure, candle shape, volume, and real levels from the data.

Trend

The shorter-term trend has been choppy and slightly lower. The close of $146.90 sits below the 5-day average of $149.25, the 10-day average of $149.76, and the 20-day average of $155.09. It is just below the 50-day average of $149.38. The 5-day exponential average is $148.49. The 14-day RSI reads 45.93, in the middle of its range, which fits a stock without a clear directional push. Since early September, closes have mostly ranged between about $143 and $155, with the October 5-6 spike to roughly $171 to $172 the main exception. The stock has since returned to that range.

Candle read

The candle had a very small body of $0.10, an upper wick of $3.34, and a lower wick of $2.23, across a $5.67 range. The close location was 0.41. The longer upper wick shows that the advance toward $150 was rejected, and the lower wick shows that dips toward $144.57 were bought. Overall, this is an indecision candle, with a slight edge to sellers because of the larger upper wick.

Support levels

$144.57: today's low and the nearest reference.
$144.75: the October 22 close, close to today's low, which makes the $144.57 to $144.75 area a cluster.
$143.49: the September 15 close, a low within the recent range.
$135.00: the IPO offer price, a round-number level and the more significant floor if the range breaks.

Resistance levels

$147.49: the prior close, just overhead.
$150.24: today's high, which is also near the $150 round number.
$154.72 to $154.81: late-September closes that capped rallies.
$159.31: the October 21 close.
$160.95: the first-day close.

Momentum interpretation

Bull scenario: a close back above the prior close of $147.49 and then above today's high of $150.24, ideally on volume above the 102.2 million average, would put the 20-day average area near $155 and the late-September highs in view.

Bear scenario: a break below $144.57 to $144.75 would expose $143.49, and a close below that would put the $135.00 IPO offer price in focus.

Neutral scenario: continued trading between $144.57 and $150.24 on below-average volume would keep the stock in its recent range, with no new information from price.

Trading Takeaway

SPCX held a narrow band on lighter volume while a large volume of financing, merger, and telecom news crossed the wire. The price did not react decisively to any of it. The structure is a range: $144.57 to $144.75 below, $147.49 to $150.24 above. Next session's key levels are $144.57 on the downside, then $143.49, and $147.49 then $150.24 on the upside. A move beyond either edge on above-average volume would be the first sign of a shift.

Sources

Disclaimer

This report is for informational purposes only and is not investment advice. It does not recommend buying, selling, or holding any security. Market data and news are drawn from the sources listed above and may contain errors or delays. Verify all figures independently before making any financial decision.