India, Oct. 15 -- SpaceX (NASDAQ: SPCX) stock is trading today at $148.40, down $8.14 (-5.20%) from its previous close of $156.54. The downward momentum reflects localized profit-taking following a multi-day rally, alongside intensifying concerns over heavy capital expenditure for its satellite and AI infrastructure expansion.

Market Snapshot & Technical Trajectory

Current Trading Range: Fluctuating between an intraday low of $151.10 and a high of $155.44.

Support Levels: Approaching a critical technical support battleground at $150.

Key Risk Breakdown: Breaching $150 could shift secondary defense downward to its IPO base price of $135.

Moving Averages: Shares recently fell below the 10-day moving average of $161.16.

Medium-Term Out...