TradingKey – Space Exploration Technologies (NASDAQ: SPCX) is trading at $149.60, keeping the triple-bottom support zone and ascending trendline on the 2H chart just above the $140.97 lower bound. Two factors are impacting sentiment. First, an effort to close gas turbines that power SpaceX’s Colossus 2 data center is attempting to force the facility to operate without its needed permit, an order which, in the unlikely event it was successful in a court decision, could interfere with a significant portion of SpaceX’s ~$45 billion AI compute arrangement with Anthropic. Second, the lockup period is on investors’ minds.

As Motley Fool highlights, it’s possible insiders could sell as much as 44% of SpaceX shares in the coming weeks starting…