SpaceX Turbine Blades Target AI Power Bottleneck, Musk Says

SPCX closed at $143.74, up 1.58% on the session as buyers pushed the stock back above its prior close.

Executive Summary

SPCX gained 1.58% on August 31, 2026, closing at $143.74 versus the prior close of $141.50, on volume of 50,954,575 shares, roughly 44% of the stock's year-to-date average daily volume of 116,313,234. The move came alongside a heavy news day dominated by comments from Elon Musk on SpaceX's push into gas turbine manufacturing to address an AI data center power bottleneck, coverage that spilled over into Tesla and GE Vernova and drew attention to SpaceX's broader industrial ambitions beyond launch and satellite services. Separate coverage noted growing space-sector ETF ownership of SPCX alongside Rocket Lab and AST SpaceMobile, and highlighted that ARK Invest has been building its SpaceX exposure.

Also notable in today's headlines: a Motley Fool piece flagging September 9, 2026, the 90th trading day since the IPO, as the date when 319 million early-release insider shares become eligible for sale under SpaceX's accelerated unlock schedule, a potential supply overhang worth tracking in the sessions ahead. Against that backdrop, today's price action was constructive but came on lighter-than-average volume, and the candle closed near its high with limited pullback from the day's peak.

News

1. Elon Musk Just Flagged AI's Next Bottleneck: This Public Company Offers Direct Exposure

Elon Musk says only three companies can make the turbine blades limiting AI infrastructure. Here's why investors should know them. (Benzinga, Aug 31, 4:19 PM ET)

2. Trump’s Truth Social ETF Manager Is Betting Big on AI, Crypto and New ETFs

Trump’s Truth Social ETF manager is expanding into AI, crypto, and macro strategies with a new MANGOS ETF and a planned acquisition. (Benzinga, Aug 31, 4:18 PM ET)

3. Planet Labs PBC Announces Arrival Of Tanager-2, 18 SuperDove Satellites Of Flock 4 J At Vandenberg Space Force Base For Launch Aboard Transporter-18 Rideshare With SpaceX

(Benzinga, Aug 31, 4:04 PM ET)

4. AI Boom Needs Electricity — These Solar ETFs Could Be the Beneficiaries

Elon Musk’s solar push comes as AI data centers drive soaring power demand, creating a potential tailwind for clean energy ETFs. (Benzinga, Aug 31, 3:00 PM ET)

5. Cathie Wood's SpaceX Bet Grows as Rocket Lab Stock Flashes a Death Cross

Rocket Lab stock flashed a death cross as Cathie Wood trimmed RKLB while her SpaceX investment gained prominence after a strong rally. (Benzinga, Aug 31, 2:43 PM ET)

6. The New Space ETFs Keep Buying the Same Names: Rocket Lab, AST SpaceMobile, SpaceX

Space ETFs are entering a new phase as SPCX, RKLB and ASTS fuel demand for exposure to commercial launches, satellites and next-gen space infrastructure. (Benzinga, Aug 31, 11:49 AM ET)

7. Why Tesla Stock Stepped on the Gas Monday Morning

Tesla stock surged 4.75% Monday after CEO Elon Musk posted about SpaceX manufacturing gas turbine blades to accelerate data center construction by up to 18 months. Tesla's solar and battery storage solutions are positioned to benefit from the growing demand for power to support AI data centers, though the stock trades at a high valuation of 169x next year's expected earnings. (The Motley Fool, Aug 31, 11:30 AM ET)

8. Elon Musk Is Trying to Break GE Vernova's AI Power Bottleneck

SpaceX is building gas-turbine parts in Texas as Elon Musk targets a casting bottleneck GE Vernova says is slowing AI power projects. (Benzinga, Aug 31, 10:16 AM ET)

Price Action

Metric	Value
Open	$140.01
High	$144.135
Low	$139.88
Close	$143.74
Change vs prior close	+1.58% ($141.50 → $143.74)
Volume	50,954,575
Intraday range	$139.88 – $144.135
Close vs IPO	-10.69% vs IPO-day close ($160.95); +6.47% vs $135.00 IPO offer price

SPCX opened at $140.01, traded up to an intraday high of $144.135, held a low of $139.88, and closed at $143.74, a gain of 1.58% from the prior session's close of $141.50. Volume came in at 50,954,575 shares, down from the prior session's 55,147,321 and well below the 116,313,234 running average, meaning today's advance happened on lighter participation than the stock has typically seen since its June 12, 2026 IPO. The stock remains 10.69% below its first-day close of $160.95 but 6.47% above the $135.00 IPO offer price.

Today's gain came on notably light volume relative to the stock's own trading history, a sign the move may reflect limited conviction rather than a broad shift in participation.

Technicals

SPCX has roughly 54 trading days of history since its June 12, 2026 IPO. That is enough for the shorter-window indicators below, SMA-5, EMA-5, SMA-10, SMA-20, SMA-50, and RSI-14, to be computed and used here, but the 200-day SMA is not yet available and won't be meaningful until the stock has a full 200 trading days on record. Readers should still weigh these signals with the stock's short overall history in mind.

Trend

The close of $143.74 sits above every available moving average: SMA-5 at $140.74, EMA-5 at $141.15, SMA-10 at $139.27, SMA-20 at $136.00, and SMA-50 at $136.74. That stacking, price above the 5-, 10-, 20-, and 50-day averages, is consistent with a short- and medium-term uptrend structure, with the shorter averages themselves rising relative to the longer ones.

Candle read

Today's candle had a body of $3.73 against a total range of $4.25, with a small upper wick of $0.39 and a minimal lower wick of $0.13. Closing location was 0.91, meaning the close landed near the very top of the day's range. That combination, a large body, a thin upper wick, and almost no lower wick, reads as a strong bullish session: buyers were in control from early in the day and faced little pushback into the close.

Support levels

• $141.50 — the prior close, now sitting below today's close and acting as near-term support on any pullback.
• $139.88 — today's intraday low.
• $139.27 — the 10-day SMA.
• $136.74 / $136.00 — the 50-day and 20-day SMAs, clustered together as a secondary support zone.
• $135.00 — the IPO offer price, a psychological reference level the stock has held above since reclaiming it.

Resistance levels

• $144.135 — today's intraday high, the first level to clear on any continuation.
• $145.00 — the nearest round number above today's high.
• $146.15 – $146.23 — the closing-price range from August 12 and August 17, the most recent local highs in the daily close history.
• $160.95 — the IPO-day close, a distant longer-term reference point.

Momentum interpretation

Bull scenario: a close above today's high of $144.135 would open a path toward the $146.15–$146.23 area from mid-August. RSI-14 at 56.4 is in neutral-to-bullish territory and leaves room before reaching typically overbought readings near 70, so momentum has capacity to extend if volume picks up.

Bear scenario: a failure to hold $141.50 (prior close) or $139.27 (10-day SMA) would call today's bounce into question and could open a retest of the $136.00–$136.74 support cluster where the 20- and 50-day SMAs sit.

Neutral scenario: with volume at only about 44% of the year-to-date average, today's move lacked the participation to confirm a decisive breakout. Continued trading between $139.88 and $144.135 on similarly light volume would suggest consolidation rather than a new trend leg.

Trading Takeaway

SPCX's August 31 session was constructive on price, a close near the day's high above every short- and medium-term moving average, but the light volume tempers how much conviction to read into the move. The next session's key levels to watch: above, $144.135 (today's high) and then the $146.15–$146.23 area from mid-August; below, $141.50 (prior close) and $139.27 (10-day SMA), with the $136.00–$136.74 zone as the next support level if those give way.

Sources

1. Elon Musk Just Flagged AI's Next Bottleneck: This Public Company Offers Direct Exposure — Benzinga
2. Trump's Truth Social ETF Manager Is Betting Big on AI, Crypto and New ETFs — Benzinga
3. Planet Labs PBC Announces Arrival Of Tanager-2, 18 SuperDove Satellites Of Flock 4 J At Vandenberg Space Force Base For Launch Aboard Transporter-18 Rideshare With SpaceX — Benzinga
4. AI Boom Needs Electricity — These Solar ETFs Could Be the Beneficiaries — Benzinga
5. Cathie Wood's SpaceX Bet Grows as Rocket Lab Stock Flashes a Death Cross — Benzinga
6. The New Space ETFs Keep Buying the Same Names: Rocket Lab, AST SpaceMobile, SpaceX — Benzinga
7. Why Tesla Stock Stepped on the Gas Monday Morning — The Motley Fool
8. Elon Musk Is Trying to Break GE Vernova's AI Power Bottleneck — Benzinga
9. Trump Family Businesses Are Among Iran War's Winners as Oil and Defense Spending Surge: Report — Benzinga
10. Elon Musk Says America's Wealth Gap With Europe Is About to Get 'Much Bigger' — AI and Robots Are Why — Benzinga
11. Circle Your Calendars: Sept. 9 May Be a Huge Day for SpaceX and Its Shareholders — The Motley Fool
12. Bernie Sanders Sounds Alarm on 'Rigged' US Economy Amid Growing Wealth Inequality, Says Elon Musk Is Richer Than Half of American Households — Benzinga
13. Elon Musk Says SpaceX Can Accelerate Natural Gas Turbines by 18 Months: 'Profound Game-Changer' for AI Power — Benzinga
14. Elon Musk Warns Clean Energy Alone Won't Stop Earth's Climate Crisis: Satellite Swarm Needed or 'It Will Be Game Over' — Benzinga
15. 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 figures are sourced as cited above and may be subject to revision. Readers should verify all data independently and consult a qualified financial advisor before making investment decisions. SPCX has a limited trading history, and past price action is not indicative of future results.