SpaceX faces two big challenges in the markets
The space and artificial intelligence company plans to use the proceeds to pay off bridge financing
SpaceX has already struck computing power-related deals with Anthropic, Google and Cursor
SpaceX opened at $150 per share
Musk’s company owns the Starlink satellite internet service
SpaceX acquired Musk’s startup, xAI, in February 2026
$58,000 would be the next major support
SpaceX is seeking to boost revenue ahead of an IPO next month
Russia’s military capabilities in Ukraine were temporarily but significantly degraded
The world's richest man and an ally of President Donald Trump, Musk, 53, has in two weeks created a new center of power in Washington