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Benzinga

SpaceX Stock Crosses Key Level Amid Launch Milestones as Lockup Expirations Near

• SPCX broke above $142-$158 resistance, closing at $158.96, up 51.6% from 2026 lows • Gains driven by Starship's orbital debut, Crew-13 ISS mission, and a Google/Planet Labs satellite launch • Lock-up expirations on Oct 7, Oct 26, and Dec 8 loom ahead of Q3 earnings in early November SpaceX (NASDAQ:SPCX) broke out of its September consolidation range of $142.38-$158, closing the week at $158.96 — its highest since July and 51.6% above its 2026 low. The breakout follows several milestones: a Google and Planet Labs AI satellite launched aboard a SpaceX rocket, the Crew-13 mission carrying four astronauts to the ISS, and Starship's first orbital flight, which deployed new Starlink satellites despite an engine failure on its 14th test flight. Investor attention now turns to upcoming share lock-up expirations on October 7 and October 26, with another following Q3 earnings and a final one on December 8 (six months post-IPO) — events that have historically pressured newly public stocks. SpaceX reports earnings in early November, with analysts estimating Q3 revenue above $12 billion, fueled by its AI business. Technically, the four-hour chart shows SPCX breaking above its EMAs (50 and 100-period) with a rising RSI, supporting the bullish momentum.
October 3, 2026 at 2:31 PMGOOGSPCXPL
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