SpaceX Stock Hits $140 as Norway’s $2.3T Fund Takes a Stake

SpaceX stock is trading near the top of its recent range at $140.00, comfortably above every major moving average. The daily EMA stack shows a textbook bullish alignment, though the system still labels the regime as neutral — a reminder that trend strength and confirmation are not always the same.
Key takeaways
- SPCX closed at $140.00, above all three major daily EMAs — a textbook bullish alignment.
- Daily RSI14 at 56.13 and MACD histogram at 4.22 confirm momentum is firmly positive with room to run.
- The hourly MACD shows a bearish crossover (histogram -0.94), signaling cooling intraday momentum inside the broader uptrend.
- Norway’s $2.3 trillion sovereign wealth fund disclosed a new SpaceX stake, while Seeking Alpha issued a Sell rating citing roughly 60% overvaluation.
- Daily ATR14 at 10.88 reflects elevated volatility — position sizing around key pivot levels is critical.
SpaceX Stock Daily Momentum: RSI and MACD Point the Same Direction
Daily momentum indicators for SpaceX stock are firmly bullish. RSI14 at 56.13 sits comfortably above neutral, while the MACD histogram at 4.22 confirms a strong upside shift. In practical terms, there is still room to run before momentum becomes stretched near the 70 overbought threshold.
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