Musk Highly Confident On Orbital Nvidia Computers For 2027

SPCX closed at $148.13 on September 14, 2026, down 2.04% versus the prior session's close of $151.21.

Executive Summary

SPCX pulled back from an early push toward $152.56 to close at $148.13, a 2.04% decline on the day. Volume came in at 60.1 million shares, below both the prior session's 79.3 million and the stock's running average of 78.2 million to date, suggesting the drop was not accompanied by unusually heavy participation. The session's weakness lines up with a broader risk-off tone in tech and AI-adjacent names on September 14, with several outlets reporting premarket declines in semiconductor and AI-infrastructure stocks (CoreWeave, Micron, Dell) tied to AI-safety concerns raised by industry executives. SPCX-specific coverage on the day centered on Elon Musk's comments that SpaceX expects to launch Nvidia AI computers into orbit as soon as next year, and on reporting about a capacity tension between Starlink revenue-generating flights and Starship's moon-program development work ahead of Flight 14.

Despite the pullback, SPCX closed well above both its 20-day and 50-day moving averages and remains up sharply from its early-August lows, so today's session reads more as a cooldown within a still-intact medium-term uptrend than a trend reversal on the data available.

News

1. Elon Musk Says Orbital Nvidia Computers Launch Next Year — Can SpaceX Actually Pull It Off?

Elon Musk says SpaceX will launch Nvidia AI computers in orbit next year, ahead of its roadmap, but rocket delays and physics make it uncertain. (Benzinga, Sep 14, 1:25 PM ET)

2. Tesla Roadster Teaser Hides a 'Back to the Future' Easter Egg: Here's What it Says

Tesla teases an Oct. 1 Roadster unveiling with a hidden Back to the Future reference, fueling speculation about SpaceX thrusters that could make it fly. (Benzinga, Sep 14, 12:00 PM ET)

3. Tech Bosses Call For AI Slowdown—Should Investors Worry—Key Saudi Pipeline Hit

AI Safety Warnings

Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL).

Note the following:

Semiconductors are important because semiconductors have been the (Benzinga, Sep 14, 11:11 AM ET)

4. SpaceX Faces Starship Dilemma: Starlink Revenue or Moonshot R&D?

SpaceX faces a Starship capacity squeeze as Starlink revenue flights compete with NASA moon development ahead of Flight 14. (Benzinga, Sep 14, 9:28 AM ET)

5. Top Analyst Warns AI Slowdown Could ‘Crimp’ Microsoft, Alphabet, Meta, Amazon and Other Earnings — S&P 500 Rally Faces New Threat

Citigroup warns AI safety concerns could weigh on earnings and stocks, while a 3%-5% S&P 500 pullback may attract dip buyers. (Benzinga, Sep 14, 9:28 AM ET)

6. Why Is CoreWeave Stock Falling Monday?

CoreWeave (CRWV) falls 8% premarket as AI safety debates spark infrastructure spending fears. Technical setup, analyst targets, and more. (Benzinga, Sep 14, 8:04 AM ET)

7. Why Is Micron Technology Stock Falling Monday?

Micron (MU) stock fell over 5% premarket as AI spending concerns hit memory stocks. Here is the technical breakdown and earnings outlook. (Benzinga, Sep 14, 7:32 AM ET)

8. Why Is Dell Technologies Stock Falling Monday?

DELL stock drops premarket as AI tech selloff hits hardware makers. Read analyst price forecasts and technical support levels. (Benzinga, Sep 14, 6:26 AM ET)

Price Action

Metric	Value
Open	$147.33
High	$152.56
Low	$146.00
Close	$148.13
Change vs prior close	-2.04% (-$3.08)
Volume	60,111,423
Intraday range	$6.56
Close vs IPO offer price ($135.00)	+9.73%

SPCX opened at $147.33, close to the prior session's $151.21 close, then rallied intraday to a session high of $152.56 before fading through the afternoon to a low of $146.00 and finishing at $148.13. That left the close down 2.04% versus the prior session and roughly flat to fractionally above the opening print. The $6.56 intraday range was wide relative to recent sessions, but volume of 60.1 million shares trailed both the prior day's 79.3 million and the 78.2 million average to date, indicating the swing happened on lighter-than-typical participation. Against the $135.00 IPO offer price, SPCX remains up 9.73%, though it sits well below its $160.95 first-day close.

The session's wide range on below-average volume points to a rejection of the intraday highs rather than a decisive breakdown.

Technicals

SPCX has been trading for roughly three months since its June 12, 2026 IPO. That is enough history for the shorter- and medium-window measures shown here — RSI-14 and the 5/10/20/50-day moving averages — to register, but the 200-day moving average is not yet available and will not be for several more months. These readings should be treated as early-stage: a young listing's technical structure can shift quickly as more trading history accumulates.

Trend

SPCX has been in a broad recovery since bottoming near $108 in late July/early August, climbing from the SMA-50 of $134.80 through the SMA-20 of $143.40 and the SMA-10 of $147.29. The close of $148.13 sits above all of the available moving averages (SMA-5 $149.71, EMA-5 $148.75, SMA-10 $147.29, SMA-20 $143.40, SMA-50 $134.80) except the SMA-5, which the stock closed just below today. That configuration is consistent with an intact medium-term uptrend that is digesting recent gains rather than reversing.

Candle read

Today's candle had a real body of just $0.81 against a $6.56 range, an upper wick of $4.43, and a lower wick of $1.32, with the close landing at the 0.32 mark of the day's range — the lower third. That combination — a small body sitting low in a wide range, with a long upper wick and a shorter lower wick — shows the stock pushed sharply toward $152.56 intraday before sellers took it back down through most of the range into the close. Even though the close edged fractionally above the open, the shape of the candle reflects rejection of the day's highs rather than sustained buying pressure.

Support levels

• $147.29 — the SMA-10
• $146.00 — today's session low
• $145.00 — nearest round-number level below current price
• $143.40 — the SMA-20
• $134.80 — the SMA-50, the furthest support shown in the data

Resistance levels

• $148.75 — the EMA-5, just above today's close
• $149.71 — the SMA-5
• $150.00 — nearest round-number level above current price
• $151.21 — the prior session's close
• $152.56 — today's session high

Momentum interpretation

RSI-14 stands at 55.85, above the midpoint but nowhere near overbought territory, consistent with an uptrend that has paused rather than exhausted itself.

Bull scenario: a move back above the SMA-5/EMA-5 cluster near $148.75-$149.71 that holds through $151.21 and retests today's $152.56 high would signal buyers reasserting control.

Bear scenario: a close below the SMA-10 at $147.29 and then the $146.00 session low, opening the door toward the SMA-20 at $143.40, would suggest the pullback is extending.

Neutral scenario: continued chop between roughly $146.00 and $150.00 without a decisive close outside that band would keep the stock in a consolidation phase within the larger uptrend.

Trading Takeaway

SPCX gave back 2.04% on September 14 after an intraday push to $152.56 was rejected, but it did so on below-average volume and while holding above its SMA-10, SMA-20, and SMA-50 — evidence of a pullback within an uptrend rather than a break of one. The next session's key levels to watch are support at $147.29 (SMA-10) and $146.00 (session low), and resistance at $149.71-$150.00 and the prior close/session high zone of $151.21-$152.56. A close outside either boundary would be the clearer signal for which way this consolidation resolves.

Sources

1. Elon Musk Says Orbital Nvidia Computers Launch Next Year — Can SpaceX Actually Pull It Off? — Benzinga
2. Tesla Roadster Teaser Hides a 'Back to the Future' Easter Egg: Here's What it Says — Benzinga
3. Tech Bosses Call For AI Slowdown—Should Investors Worry—Key Saudi Pipeline Hit — Benzinga
4. SpaceX Faces Starship Dilemma: Starlink Revenue or Moonshot R&D? — Benzinga
5. Top Analyst Warns AI Slowdown Could 'Crimp' Microsoft, Alphabet, Meta, Amazon and Other Earnings — S&P 500 Rally Faces New Threat — Benzinga
6. Why Is CoreWeave Stock Falling Monday? — Benzinga
7. Why Is Micron Technology Stock Falling Monday? — Benzinga
8. Why Is Dell Technologies Stock Falling Monday? — Benzinga
9. Patrick Bet-David Warns Monday Could Be a 'Bloodbath' for Stocks as AI Safety Debate Rattles Markets: Samsung, SK Hynix, SoftBank Lead Asian Selloff — Benzinga
10. Elon Musk 'Highly Confident' SPCX Will Put NVDA AI Computers in Space in 2027 — Benzinga
11. Jim Cramer Calls This Cybersecurity Stock a 'Must Buy' Amid Emerging AI Threats: Here's Why — Benzinga
12. Anthropic Picks Nasdaq for Its $2 Trillion IPO, Tells Investors It Expects a Second Consecutive Profitable Quarter: Reports — Benzinga
13. Alpaca Markets (SIP) — market data

Disclaimer

This report is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Market data and technical readings are drawn from the sources cited above and may be incomplete or delayed. Verify all figures independently before making any financial decision.