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TradingKey - At the close on September 22, Eastern Time, SpaceX (SPCX) shares rose approximately 1.9% to close at $154.72, ending a two-day losing streak. However, in after-hours and overnight trading, news that President and Chief Operating Officer Gwynne Shotwell filed stock sale disclosures weighed on market sentiment, causing SPCX to tick slightly lower overnight.

Bitcoin has surged 14% over the past 7 days, expanding the unrealized gains for Elon Musk's SpaceX as its BTC holdings crossed the $1.6 billion threshold.

TradingKey - U.S. government financial disclosures show that Donald Trump's portfolio bought and sold SpaceX (SPCX) shares in July. Regulatory filings released during the same period indicate that SpaceX President and Chief Operating Officer Gwynne Shotwell intends to sell 342,170 shares of the company's stock, with a declared market value of approximately $51.96 million.

TradingKey - Following a positive market response to Meta Platforms' (META) Muse AI agent, investors are searching for the next tech company that could drive a valuation re-rating through new products.

SpaceXAI (the AI division under SPXC, formerly xAI) launched Grok 4.7 on September 21, positioning it as its most capable model generation for coding and knowledge work to date. Pricing remains unchanged from Grok 4.6 at $2 per million input tokens and $6 per million output tokens. On CursorBench 4.0, which specifically evaluates long-duration coding tasks, Grok 4.7 achieved 46.3%, 5.9 percentage points higher than Grok 4.6. The company stated that on this benchmark, the model leads the frontier of cost-performance within its price tier.

SpaceX's weighting in the Nasdaq has doubled to 2.82%. Will its stock price continue to rally, or will it face a sell-the-news profit-taking phase?