SPCX intraday price chart for October 7, 2026

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

Open

$167.98

High

$171.31

Low

$165.65

$167.65

Volume

69.3M

Vol/Avg

0.71×

SPCX · NASDAQ · October 7, 2026

SpaceX Slides on Reported $40 Billion Debt Plan for Nvidia Chips

$167.65 $4.27 -2.48% vs prior close

SPCX closed at $167.65 on October 7, 2026, down 2.48% from the prior close of $171.92, on volume of 69,296,106 shares.

Executive Summary

SPCX fell for the first time in three sessions after a strong run. Shares opened at $167.98, below the prior close, and traded between $165.65 and $171.31 before settling near the lower part of the range. The close is $4.27 below Tuesday's close of $171.92, which was the highest close since the June 30 close of $170.86 other than Monday's $171.09. It is still about 24.2% above the $135 IPO offer price.

The headlines point to financing and sentiment as the main drivers. Benzinga and others, citing a Financial Times report, said SpaceX is looking to raise $40 billion in loans and debt, with financing led by Apollo, to buy Nvidia chips. Benzinga stories on Intuitive Machines and AST SpaceMobile said space stocks slid on the report, and one article said SpaceX traded lower on it. Other items the same day included an analyst note from Dan Ives arguing that Starlink cash can service the debt, an FCC approval for SpaceX's NGSO MSS system for direct-to-device services, and an FAA proposal to streamline rocket licensing. Volume was well below the prior day and below the average to date.

News

1. Starlink Cash Can Carry SpaceX's $40 Billion AI Tab, Dan Ives Says

Analyst Dan Ives bets Starlink and SpaceX's contracted AI capacity can service the debt needed to purchase more Nvidia chips. (Benzinga, Oct 7, 2:07 PM ET)

2. Intuitive Machines Stock Drops Wednesday: What's Going On?

Intuitive Machines Inc (NASDAQ:LUNR) shares are tumbling Wednesday as space stocks slide, pressured by weakness in SpaceX-related sentiment. (Benzinga, Oct 7, 1:59 PM ET)

3. Why Is AST SpaceMobile Stock Falling on Wednesday?

Why is ASTS stock falling Wednesday? AST SpaceMobile trades lower as space stocks decline on a report of SpaceX's $40 billion debt plan for NVIDIA chips. (Benzinga, Oct 7, 1:46 PM ET)

4. Global Bond Selloff Dents Market Bullishness — Treasury Auction To Test Sentiment

Treasury Auction Will Be The Test

Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the (Benzinga, Oct 7, 1:18 PM ET)

5. Live On CNBC, Kevin Simpson Announces Bought More SpaceX

(Benzinga, Oct 7, 12:47 PM ET)

6. SpaceX, IREN Both Buy Nvidia Chips: Their AI Margins Couldn't Be More Different

SpaceX and IREN both use Nvidia chips, but their AI economics differ sharply. Here's what the margin gap means for investors. (Benzinga, Oct 7, 11:35 AM ET)

7. SpaceX vs. Nvidia: Which Is the Better Trillion-Dollar Artificial Intelligence (AI) Stock for 2027?

The article compares Nvidia and SpaceX as AI investment opportunities for 2027. Nvidia is favored for its predictable path to profitability through the Rubin chip platform, strong data center revenue growth, and cash generation. SpaceX offers exciting long-term potential with AI infrastructure deals and Starlink, but faces high capital expenditures and unpredictability. The author recommends Nvidia for 2027 due to greater visibility and recurring profits, while suggesting SpaceX belongs on a watchlist. (The Motley Fool, Oct 7, 10:30 AM ET)

8. SpaceX Is Becoming a Test of How Much Debt the AI Boom Can Absorb

SpaceX’s reported $40B AI financing plan highlights a bigger question: how much debt can the AI infrastructure boom absorb? (Benzinga, Oct 7, 10:26 AM ET)

Price Action

Metric	Value
Open	$167.98
High	$171.31
Low	$165.65
Close	$167.65
Change vs prior close	-$4.27 (-2.48%)
Volume	69,296,106
Intraday range	$5.66
Close vs IPO	+$32.65 (+24.2%) vs the $135 offer price; +$6.70 (+4.2%) vs the $160.95 first-day close

The stock gapped down $3.94 from the prior close at the open. It pushed up to $171.31 early in the session, just under the prior close, and could not hold it. It then sold off to $165.65 and recovered a little into the close. Volume of 69.3 million shares was about 0.64 times the average to date of 97.1 million and well below the 107.0 million traded on October 6.

This pullback follows a sharp advance. SPCX closed at $148.07 on October 1, then rose to $158.96 on October 2, $171.09 on October 5 and $171.92 on October 6. That is a gain of about 16.1% in three sessions from the October 1 close. Today's decline took back a portion of it. The close remains about 16.9% below the all-time closing high of $201.80 on June 16.

Takeaway: a modest pullback on lighter volume after a three-session rally, with the close above the $165.65 low and well above the October 1 base.

Technicals

SPCX has only about 80 trading days of history. The 200-day moving average is not available, and the 14-day RSI and the 20 and 50-day moving averages rest on a short, volatile record that includes a drop from $201.80 to $108.27 and a rebound. They are shown below for context but carry limited weight. The read here leans on price structure, candle shape, volume and the real levels in the data.

Trend

The short-term trend turned up in early October. The close of $167.65 sits above the 5-day simple average of $163.54, the 5-day exponential average of $164.55, the 10-day simple average of $156.00, the 20-day simple average of $153.22 and the 50-day simple average of $142.27. The averages are stacked in order from shortest to longest, which fits a recovery from the August low. The 14-day RSI reads 64.24, which is firm but below the overbought zone. The wider picture is still a range: since July the stock has traded between about $108 and $172 on a closing basis, and it is near the top of that range.

Candle read

The candle is a small bearish body: the close is $0.33 below the open. The upper wick is $3.33 and the lower wick is $2.00, on a total range of $5.66. The close sits at 0.35 of the day's range, in the lower half. The long upper wick shows that buyers pushed to $171.31 and were rejected near the prior close. The lower wick shows dip buying near $165.65. The net read is indecision with a mild downward lean, and the lighter volume suggests the move lacked strong conviction in either direction.

Support levels

$165.65, today's low.
$163.54, the 5-day simple average.
$160.95, the IPO-day close, a level that has mattered before.
$158.96, the October 2 close, where the recent breakout began.
$156.00, the 10-day simple average.

Resistance levels

$171.31, today's high.
$171.92, the October 6 close and the recent closing high.
$171.09, the October 5 close, which forms a cluster of levels around $171 to $172.
$175 and $180, round numbers with no prior close data of their own in the recent range. The next closing reference above that is $185.00 from June 18.

Momentum interpretation

Bull scenario: SPCX holds above $165.65 and reclaims the $171 to $172 cluster, ideally on volume closer to the 97.1 million average. That would suggest the rally is intact and put round numbers above in view.

Bear scenario: SPCX closes below $165.65 and then below the 5-day average near $163.54. That would open a move toward the IPO-day close of $160.95 and the October 2 close of $158.96. A close below those would put the 10-day average near $156.00 in play.

Neutral scenario: SPCX trades between about $163 and $171 while the market digests the financing headlines, with the averages continuing to rise toward price.

Trading Takeaway

SPCX gave back part of a sharp three-day gain on a financing report that weighed on the wider space group. The decline came on lighter volume, the close held above the day's low, and the short-term moving averages all remain below price. The tape is neither clearly broken nor clearly strengthening.

Key levels for the next session: $165.65 and $163.54 below, and $171.31 and $171.92 above. A move outside that band, particularly on heavier volume, would carry more information than movement inside it. Further news on the $40 billion financing is the most visible headline risk in the data provided.

Sources

Disclaimer

This report is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Figures are drawn from the data sources listed above and may contain errors or delays. SPCX is a newly listed stock with a short trading history, and its price can move sharply. Verify all data independently and consult a licensed financial professional before making any investment decision.