Hover to inspect · pre-market & after-hours shaded · MA(10) and RSI(14) computed from the session
SPCX · NASDAQ · September 30, 2026
Citi Cites Starship Milestone as Shares Edge Higher on Heavy Volume
SPCX closed at 150.94 on September 30, 2026, up 1.70 (1.14%) from the prior close of 149.24, on volume of 64,575,612 shares.
Executive Summary
SPCX finished higher for a second straight session after opening at 148.63 and trading between 147.75 and 152.58. It closed 0.66 of the way up the day's range, in the upper half but short of the high. Volume was lighter than recent activity. The 64,575,612 shares traded compare with 80,124,315 the day before and a to-date average of 92,594,239.
Headlines were heavy on Starship and on analyst commentary. Coverage cited Starship's first orbital flight, Citi and Gene Munster writing bullishly about SpaceX's valuation and launch cadence, and Ark Invest adding to its position. Skeptical and competitive items also ran. The AT&T CEO questioned the Starlink cellular plan, and Musk criticized Delta after it chose Amazon Leo over Starlink. The price response was modest, a gain of about 1% on below-average volume.
News
1. Anthropic Just Hired a Google Project Zero Veteran To Lead Its Frontier AI Red Team
Anthropic has hired longtime Google security researcher Ben Hawkes to lead the cybersecurity mission of its Frontier Red Team. (Benzinga, Sep 30, 1:16 PM ET)
2. SpaceX's Pullback From $225 Sets Up a Classic Buy the Dip Case for Long-Term Investors
SpaceX, which completed the world's largest IPO raising $85 billion at a $1 trillion valuation, has pulled back from its $225 peak to trade around $145. The company operates three interconnected high-growth businesses: space launches, Starlink satellite connectivity (which grew 65% to $4B in revenue), and AI infrastructure. While the stock's decline reflects investor concerns about significant capital expenditures ($15B in AI capex) and unproven technologies, the pullback presents a potential buying opportunity for aggressive long-term investors. (The Motley Fool, Sep 30, 1:10 PM ET)
3. 'Musk’s SpaceXAI Considers Overhaul of Pricing for Grok, X Users' - Bloomberg
(Benzinga, Sep 30, 1:05 PM ET)
4. ARK Space & Defense or SPDR Aerospace & Defense: Which ETF Can Power Your Portfolio?
The article compares two aerospace and defense ETFs: ARK Space & Defense Innovation ETF (ARKX) and State Street SPDR S&P Aerospace & Defense ETF (XAR). While ARKX delivers higher 3-year returns (30.4% annualized), XAR is recommended as the better buy due to its lower expense ratio (0.35% vs 0.75%), broader diversification across 50 holdings, lower volatility, and superior 5 and 10-year performance. (The Motley Fool, Sep 30, 10:21 AM ET)
5. SpaceX Just Took a 'Major' Step Toward $900 Stock, Top Analyst Says — Starship Success Could Fuel a $12 Trillion Valuation
Citi says SpaceX’s Starship milestone strengthens the case for a $900 stock valuation and a potential $12.2 trillion market cap. (Benzinga, Sep 30, 9:48 AM ET)
6. Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood's Ark Invest added to positions in Nvidia, SpaceX, and Airbnb on Tuesday. Nvidia announced a record $150 billion share buyback authorization and trades near all-time highs with a forward P/E of 14.5x. SpaceX, down 34% from recent highs, is expected to turn profitable next year with revenue expected to more than double by 2027. Airbnb, down from its peak but showing strong double-digit revenue growth for six consecutive years, continues to demonstrate solid momentum. (The Motley Fool, Sep 30, 9:05 AM ET)
7. SpaceX’s Starlink Just Got More Powerful, and Cable Giants Comcast, Charter May Feel the Heat
SpaceX’s V3 Starlink satellites pose a growing threat to cable giants Comcast and Charter, per analyst Craig Moffett. (Benzinga, Sep 30, 8:56 AM ET)
8. EXCLUSIVE: Space Insurer on What Starship’s First Orbital Flight Means for SpaceX and the Space Economy
Space insurer Andrew Bonwick says Starship’s real breakthrough comes with rapid reuse, while “AI in space” may be overhyped. (Benzinga, Sep 30, 8:50 AM ET)
Price Action
| Metric | Value |
|---|---|
| Open | 148.63 |
| High | 152.58 |
| Low | 147.75 |
| Close | 150.94 |
| Change vs prior close | +1.70 (+1.14%) |
| Volume | 64,575,612 |
| Intraday range | 4.83 |
| Close vs IPO | +15.94 (about 11.8%) above the 135 offer price; 10.01 (about 6.2%) below the first-day close of 160.95 |
The stock opened 0.61 below the prior close of 149.24, dipped to 147.75, and then rallied through the session to the 152.58 high. It gave back some of that move into the close at 150.94. The close sits above the prior close and above the open, so the day finished green. The 4.83 range was contained compared with the swings seen in June through August. Volume was about 70 percent of the to-date average and about 81 percent of the prior session's volume. That suggests the advance came with less participation than a high-conviction move would usually show.
Takeaway: a modest gain on quiet volume that held above the 149.24 prior close.
Technicals
SPCX has traded for under four months, so the history is short. The 200-day moving average is not available. The shorter indicators below are computed from roughly 80 sessions and should be read as descriptive of a young, volatile price series, not as long-established signals. Price structure, candle shape, volume, and real levels carry more weight here.
Trend
The close of 150.94 is above the 5-day simple average (148.47), the 5-day exponential average (149.36), the 10-day average (150.48), and the 20-day average (149.31). It is also well above the 50-day average of 137.49. The short averages are bunched between about 148 and 150.5, which describes a sideways consolidation, not a clean trend. The 14-day RSI is 54.94, near the middle of its range. The broader path is a first-day close of 160.95, a peak close of 201.80 on June 16, a slide to a low close of 108.27 on August 5, and a recovery to a range of roughly 140 to 155 since late August. The September closes have stayed mostly between 143.49 and 154.81.
Candle read
The body measured 2.31, from an open of 148.63 to a close of 150.94. The upper wick was 1.64 and the lower wick 0.88, on a total range of 4.83. The close location of 0.66 puts the close about two-thirds of the way up the range. Buyers defended the low early in the session. Sellers then capped the advance near 152.58 and pulled the price back by 1.64. The shape is mildly constructive without being decisive.
Support levels
- 149.24: the prior close, and close to the 20-day average of 149.31.
- 148.63: today's open.
- 147.75: today's low.
- 145.47: the September 28 close.
- 143.49: the September 15 close, the low of the recent range.
- 135.00: the IPO offer price, well below current trading.
Resistance levels
- 152.58: today's high.
- 153.47: the September 8 close.
- 154.81: the September 17 close, the highest close of the current range.
- 160.95: the IPO day close.
Momentum interpretation
Bull scenario: a move through 152.58 followed by a close above 154.81 would take the price out of the September range. The next reference would then be the 160.95 IPO-day close. Stronger volume on that move would add weight to it.
Bear scenario: a close below 149.24 and then below 147.75 would erase today's gain and put the 145.47 and 143.49 closes in play. A break under 143.49 would move the price to the bottom of the September range.
Neutral scenario: continued trade between roughly 147.75 and 152.58 would keep the averages bunched and RSI near the middle of its range. That would be consistent with the consolidation of the last several weeks.
Trading Takeaway
SPCX added 1.14% to close at 150.94, above all of its short-term averages and the 50-day average. Volume was below the average, and the advance stalled under 152.58. Headline flow was heavy on Starship and on analyst views, but the price reaction was measured. The stock remains about 11.8 percent above its IPO offer price and about 6.2 percent below its first-day close.
Key levels for the next session: 152.58 and 154.81 on the upside, and 149.24, 147.75, and 145.47 on the downside. Whether volume returns on a move through either side will be the most useful confirmation.
Sources
- Anthropic Just Hired a Google Project Zero Veteran To Lead Its Frontier AI Red Team — Benzinga
- SpaceX's Pullback From $225 Sets Up a Classic Buy the Dip Case for Long-Term Investors — The Motley Fool
- 'Musk's SpaceXAI Considers Overhaul of Pricing for Grok, X Users' - Bloomberg — Benzinga
- ARK Space & Defense or SPDR Aerospace & Defense: Which ETF Can Power Your Portfolio? — The Motley Fool
- SpaceX Just Took a 'Major' Step Toward $900 Stock, Top Analyst Says — Benzinga
- Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought — The Motley Fool
- SpaceX's Starlink Just Got More Powerful, and Cable Giants Comcast, Charter May Feel the Heat — Benzinga
- EXCLUSIVE: Space Insurer on What Starship's First Orbital Flight Means for SpaceX and the Space Economy — Benzinga
- Eaton, AMD, SpaceX And A Health Care Stock: CNBC's 'Final Trades' — Benzinga
- Trump Says Communities Hosting AI Data Centers Could Get a 'Dividend' — Benzinga
- Gene Munster Says SPCX Stock Could More Than Double as Starship Supercharges Launch Cadence — Benzinga
- Trump's New AI-Powered Government Website Says Iran War Drove Up Gas Prices — Benzinga
- Elon Musk Mocks Delta's Wi-Fi After DAL CEO's Snub — Benzinga
- AT&T CEO Challenges Elon Musk's Starlink Cellular Plan — Benzinga
- Elon Musk Doubles Down on Delta, Says CEO Ed Bastian Will 'Lose His Job' Over Starlink Snub — Benzinga
- Steve Wozniak Shares 'Unique Perspective' on How AI Will Replace Humans — 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 headlines may contain errors or delays, so verify all figures independently with primary sources before making any financial decision.