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SpaceX stock volatile but holds above IPO price amid strong Q3 and merger talks with Tesla.

Market News
23 Oct 2026
Finbold
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Bullish
SpaceX stock volatile but holds above IPO price amid strong Q3 and merger talks with Tesla.

SpaceX stock experienced significant volatility over the past month, with prices fluctuating between $104.83 and $225.64, currently trading near $149. Despite a recent 9.14% drop, the stock remains above its IPO price of $135. The company reported strong Q3 financial results, with revenue nearly doubling to $14.58 billion and EPS turning positive at $0.45. Technological milestones like the successful Starship Flight 14 and potential merger talks with Tesla have fueled Wall Street optimism, leading to bullish price targets such as JPMorgan's $500 forecast. The merger, seen as likely by analysts, could further boost SpaceX's growth prospects.

As of Oct 23, 2026 16:11 WIB, SpaceX (SPCX) trades at USD 148.85 on Pluang, showing a 1-day gain of 2.83%. The stock's market cap stands at $2.16 trillion with a balanced order activity of 52% buy and 48% sell. Tesla (TSLA), often linked in merger talks with SpaceX, is priced at USD 378.16, up 0.96% for the day, while JPMorgan Chase (JPM) trades slightly down at USD 335.50. SpaceX's current price on Pluang closely aligns with the recent market volatility highlighted in the news.

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