SpaceX shares had a wild ride on October 15. The stock fell as much as 7.40% during the day, then bounced back before the close. Spacex stock ended at $148.62, down 2.33%. This SPCX news matt
SpaceX shares had a wild ride on October 15. The stock fell as much as 7.40% during the day, then bounced back before the close.
Spacex stock ended at $148.62, down 2.33%. This SPCX news matters because the market cap now sits near $1.96 trillion, just under $2 trillion.
According to the post on X, Deutsche Telekom CEO Timotheus Höttges is not sure Starlink Mobile can truly take on U.S. carriers. He said satellite service does not attract many users where ground networks already work well.
"We have 85,000 mobile antennas in America," he said. He added that Elon Musk has to build those first.
Deutsche Telekom owns a majority stake in T-Mobile US. His view follows the company's deal to buy up to 14 MHz of nationwide 800 MHz spectrum.
That deal hit T-Mobile, AT&T, and Verizon shares last week. Deutsche Telekom shares fell 7% after the news.
The session itself was messy. SPCX opened at $146.90, hit a low of $140.66, then climbed back toward $149.04.
Volume was about 97.87 million shares, above the 94.73 million average.
Here is the SPCX data from the October 15 close.
Metric
Value
Close
$148.62 (-2.33%)
Previous close
$152.16
Open
$146.90
Day's range
$140.66 to $149.04
Overnight price
$152.00 (+2.27%)
52-week range
$104.83 to $225.64
Market cap
$1.959 trillion
EPS (TTM)
-1.10
1-year target estimate
$221.26
Next earnings (est.)
Nov 3, 2026
The company went public on June 12 at $135 per share. It had a reported $1.77 trillion valuation, a record IPO.
Shares then jumped to $225.64 before pulling back. At $148.62, SPCX sits above its IPO price but far below that peak.
Merger talk returned in May as the company moved toward its Nasdaq listing. That followed the xAI deal in February.
Elon Musk shared a post on X that connected Tesla and SpaceX.He posted it under a Tesla Roadster livestream. The Roadster was first shown in 2017.
It is reportedly set to use thrusters inspired by the company's rockets. Polymarket traders give a 60% chance it flies for at least one second.
Neither Tesla (TSLA) nor SPCX has confirmed talks. Tesla stock is down about 16.70% this year.
Barclays thinks a stock deal, where the company buys Tesla, is more likely. Musk would keep about 37% of the equity and 56% of the votes.
The bank says the real upside is in joining technology and operations, not in financial moves. Tesla's robotaxi plans and Optimus robots could pair with its AI work.
Wedbush analyst Dan Ives sees an 80%+ chance of a merger by 2027.
Musk sounded more careful on Tesla's July earnings call. He said any deal needs a proper process.
SPCX Technical Analysis: What Are the Key Support and Resistance Levels?On the 4-hour chart, the price slid inside a falling channel. It wicked down to $140.66 before bouncing.
SPCX trades below the 20, 50, and 100 EMAs. The RSI reads 37.92, which shows weak momentum.
Level
Price
Role
Fib 0.5
$165.24
Upside target
Round number
$160
First upside target
20 EMA
$156.74
Bullish confirmation
50 EMA
$154.27
EMA resistance
Resistance zone
$150.98 to $152.75
Key area (100 EMA at $150.86)
Support
$145
First downside stop
Recent low
$140.66
Key support
Fib 0.236
$133.34
Deeper support
This SPCX prediction rests on chart levels, not certainty. Bulls need to hold above $152.75.
A break through the $154.27 to $156.74 EMA zone would add strength. A close above $156.74 would help the bullish case, with $160 and $165.24 next.
A drop below $150.98 could bring renewed selling toward $145. That could lead to a retest of $140.66.
Overnight trading near $152 shows buyers are defending support. Still, the pattern looks like a short-term bounce in a weaker structure.
The $221.26 analyst target sits about 49% above the close. Targets change and are not promises.
Earnings are estimated for Nov 3. Merger or Starlink headlines could also move the stock before then.
DisclaimerThis article is for information only and is not financial advice. Stock prices are volatile, and you can lose money. Price levels and analyst views are opinions, not guarantees. Do your own research and speak with a licensed financial advisor before you invest.
