TradingKey – SpaceX closed the latest session at $149.74, mostly in line with the $149.66 chart point, after a 6.4% rally. The stock price is approaching the $146.86-$154.36 resistance zone, with the larger structure of higher-lows intact. Fundamentally, in Q2, revenue nearly doubled, Starlink hit 12 million subscribers, and AI segment revenue grew by 247% year over year. On the other side of the coin, there is significant capital outlay after the IPO, pressure on the supply side of Starlink and Starship, and execution risk related to AI and the supporting infrastructure.