🚀 SPCX is back above $148 — but can the momentum survive $150?

$SPCX jumped 11.46% to ~$148.30, with today’s range around $134.01–$149.60. Volume was elevated, with ~152.7M shares traded in the latest reported session.

📈 Trend: Short-term bullish momentum.
🟢 Resistance: $149.60–$150; breakout + strong volume could open $160+.
🔴 Support: ~$145, then $134.
🔥 Catalyst: Elon Musk says SpaceX AI revenue could exceed all other revenue streams by September; Grok 4.6 and AI-compute expansion are boosting sentiment.

Bull case: Hold $145 → reclaim $150 → momentum toward $160.
Bear case: Rejection near $150 → loss of $145 → retest $134.

⚠️ Biggest risk: A planned Aug. 20 share unlock could increase selling pressure.

Next-hours watch: $150 breakout or $145 breakdown—which comes first? 👇

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