SpaceX Stock Drops as Company Seeks $40 Billion in Debt Financing

Key Facts

1SpaceX stock opened on October 7, 2026, with panic selling despite previous calls for a strong uptrend.

2SpaceX is reportedly targeting $40 billion in debt financing to scale up its AI compute capabilities.

SpaceX stock opened on October 7, 2026, with panic selling as the company reportedly targets $40 billion in debt financing. Finbold reported that the capital is intended to scale up AI compute capabilities and fund the procurement of Nvidia AI semiconductors.

The market reacted to the financial risks and interest burden associated with the massive debt facility, despite previous expectations for a strong uptrend. SPCX closed at $171.92 on October 6, 2026, and reached a session low of $171.39 during trading on October 7, 2026.