SpaceX stock (SPCX) slipped after hours on Tuesday. The latest SPCX news came from a Bloomberg report. It says the company wants $40 billion in financing to buy Nvidia AI chips. $SPCX stock c
SpaceX stock (SPCX) slipped after hours on Tuesday. The latest SPCX news came from a Bloomberg report. It says the company wants $40 billion in financing to buy Nvidia AI chips.
$SPCX stock closed at $171.92, up 0.49%. It hit a high of $176.42, then lost steam. Overnight, the price fell 1.36% to $169.58.
Here is what the SpaceX stock news means for the chart.
The Kobeissi Letter shared the story on X, citing Bloomberg. The company is in talks with banks and investors to raise $40 billion in debt.
About $10 billion would come from bank loans. The other $30 billion would be investment-grade debt. Apollo Global Management is reported to lead the effort.
The money would buy Nvidia chips. The report points to "insatiable demand" among AI developers.
Investors now ask a simple question. Can AI revenue arrive fast enough to justify the spending? That doubt may explain the dip in the SpaceX stock price.
On October 4, Elon Musk posted on X: "SpaceX is a super intelligence company."
That fits the chip story. Big AI projects need huge computing power, and chips cost a lot.
It also shows how Elon Musk's SpaceX messaging is changing. The pitch is no longer only about rockets.
Some online posts use the tag SpaceXSI for this AI push. Others talk about a "super intelligence force" behind it.
These are informal labels, not official company terms. They simply point to the same idea. The market now treats this company as an AI story too.
Here are the latest numbers behind the SpaceX share price.
Metric
Value
Last close
171.92(+0.83, +0.49%)
Previous close
$171.09
Overnight price
169.58(-2.34, -1.36%)
Day's range
$171.39 to $176.42
Volume
106,392,820
Average volume
92,100,928
Market cap
$2.266 trillion
52-week range
$104.83 to $225.64
EPS (TTM)
-$1.10
1-year analyst target
$227.54
Next earnings (est.)
November 3, 2026
Volume ran above average. That shows strong interest.
The company still shows a loss of $1.10 per share. The $227.54 analyst target sits above the price, but targets are only estimates.
On the daily chart, SPCX bottomed at $104.83 in early August. It then climbed inside a rising channel through August and September.
In early October, price broke above the channel. The jump pushed it toward the 61.8% Fibonacci level at $179.49.
The rally stalled there. $SPCX touched $176.42 and closed at $171.92.
That candle looks like a gravestone doji. It has a long upper wick and a close near the open. Some traders see it as a sign that buyers failed to hold the highs.
Bears say it could end the rally. That is one view. One candle does not confirm a trend change.
The RSI reads 69.25, just under 70. That is a high level. Momentum may cool before another push.
These Fibonacci levels come from the move between the $104.83 low and the $225.64 high.
Price Level
Fibonacci
What It Means
$225.64
100%
Prior high, major resistance
$199.79
78.6%
Resistance if bulls break higher
$179.49
61.8%
Key resistance; price was rejected here
$165.24
50%
Key support
$150.98
38.2%
Next support below
$133.34
23.6%
Deeper support
$104.83
0%
August low
The $165.24 level matters most now. The overnight price of $169.58 sits only about 2.6% above it.
No one can say for sure. But this SPCX prediction has two clear paths.
Bullish case: If $165.24 holds as support, the rising structure stays intact. A retest of $179.49 would then be likely.
A clean break above $179.49 could open the way to $199.79. After that, the $225.64 high comes into view.
Bearish case: A decisive break below $165.24 would weaken the setup. Then $150.98 would come into focus.
The debt news adds another layer to any SpaceX stock forecast. Spending $40 billion on chips is a big bet on AI demand.
If demand holds, the market may accept it. If not, the debt could weigh on SPCX.
The next earnings report, estimated for November 3, may give more clues. Until then, this SPCX stock forecast stays open. Price may swing around the levels above.
This article is for information only. It is not financial, investment, or trading advice. Price predictions are opinions based on past data and can be wrong. Stock prices can rise and fall quickly, and you can lose money. No outcome is guaranteed. Always do your own research and speak with a licensed financial advisor before making any decision.
