Why Is SpaceX Stock (SPCX) Trending Higher in Pre-Market Today, October 1?
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Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
Spacex trades on the NASDAQ stock market under the symbol SPCX.
As of October 1, 2026, SPCX stock price climbed to $151.78 with 4,101,469 million shares trading.
SPCX has a beta of 4.77, meaning it tends to be more sensitive to market movements. SPCX has a correlation of 0.48 to the broad based SPY ETF.
SPCX has a market cap of $2.00 trillion. This is considered a Mega Cap stock.
Last quarter Spacex reported $8 billion in Revenue and -$.09 earnings per share. This beat revenue expectation by $940 million and exceeded earnings estimates by $.07.
The top ETF exchange traded funds that SPCX belongs to (by Net Assets): QQQ, QQQM, VTI, VXF, VUG.
SPCX support price is $146.60 and resistance is $155.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPCX shares will trade within this expected range on the day.