Veytics Intelligence
2026-10-22 · Yahoo

SpaceX stock slips as tech trade tumbles

SpaceX (SPCX) stock slipped in early trading Thursday, giving back more than half of Wednesday's post-earnings gain. Shares jumped 7.8% on Wednesday following SpaceX's upbeatthird quarter results and AI commentary. The stock is under pressure today along with the broader tech trade, following Meta (META) earnings and more headlines suggesting new strikes in the US/Israeli war with Iran. (SPCX ) Go deeper with AlphaSpace 149.86 -9.45 (-5.93%) As of 12:15:40 PM EDT. Market Open. As for SpaceX, it guided fourth quarter capital expenditures to $35 billion to $40 billion,up from $19.6 billion in the third quarter, as more compute capacity comes online. The company ended the quarter with $36.1 billion in debt.

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