SpaceX (SPCX) shares traded near $148–$153 during the week of September 7, 2026, with a roughly $2 trillion market cap reflecting about 60–65x annualized sales. Multiple large AI compute agreements, including a $13 billion annualized contract disclosed early in the month, reinforced trader focus on the company’s push toward a $100 billion annual recurring revenue run rate by year-end, prompting upgrades such as Oppenheimer’s $280 target. Offsetting this, staggered post-IPO lockup releases of hundreds of millions of shares introduced supply pressure, while the stock remained well below its June high of $225 amid ongoing free-cash-flow burn and elevated multiples. Upcoming Starship flight milestones and further analyst commentary on AI infrastructure margins represent near-term catalysts likely to influence implied probabilities in related prediction markets.