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By Michael Brown • Updated Oct 17, 2026 at 00:32
SpaceX Stock (SPCX) Moved Down by 3.36% on Oct 16: Drivers Behind the Movement - TradingKey

SpaceX sees share price fall

SpaceX's share price declined by 3.36% on October 16, 2026. Trading activity increased with 1.37 million contracts traded and 4.87 million in open interest. The drop was influenced by CoreWeave's issues and a 15% climb from its IPO price. SpaceX's profitability are forecasted amid a rise in AI earnings and Tesla merger hype, with EchoStar's stock seen as a means to benefit from SpaceX's expansion.

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