$SPCX Extends Green Run as Musk Touts Orbital Edge

NEW YORK — SpaceX shares kept their quiet climb going to start the week, logging a second straight daily gain even as a shakeout in memory-chip stocks rippled across the broader technology tape. The move came as Elon Musk leaned into a familiar bull case, arguing that SpaceX lifts more mass to orbit than the rest of the world combined.

Investors tracking the Musk complex had plenty to chew on, from the launch leader's widening dominance to fresh questions about who controls the memory chips that feed the AI boom.

SpaceX Holds Near Highs

SpaceX — NASDAQ: SPCX — rose about 0.5% on Monday, its second consecutive advance after closing the prior week roughly 2.3% higher, leaving the stock up around 2% so far this year and holding near record territory. The grind higher fits the pattern traders have watched since the pre-earnings setup heading into Oct. 21, with $SPCX acting as the steadier half of the Musk pair. Live quotes are available on Yahoo Finance (https://finance.yahoo.com/quote/SPCX), Google Finance (https://www.google.com/finance/quote/SPCX:NASDAQ), WSJ (https://www.wsj.com/market-data/quotes/SPCX), and Nasdaq (https://www.nasdaq.com/market-activity/stocks/spcx).

Remember that $SPCX now includes xAI following the merger, so the ticker carries both the launch business and the Grok AI franchise. Tesla — NASDAQ: TSLA — traded in a narrow band as the market looked ahead to its quarterly report; current $TSLA quotes sit on Yahoo Finance (https://finance.yahoo.com/quote/TSLA), Google Finance (https://www.google.com/finance/quote/TSLA:NASDAQ), WSJ (https://www.wsj.com/market-data/quotes/TSLA), and Nasdaq (https://www.nasdaq.com/market-activity/stocks/tsla).

The 'Anomaly in the Matrix'

The headline catalyst was rhetorical. Musk posted that while China's manufacturing scale increasingly tops the rest of the world combined in areas like batteries and solar, SpaceX runs the other way, putting far more mass into orbit than everyone else put together. "SpaceX is an anomaly in the matrix," he wrote. For holders, the message reinforced the reusability-driven launch moat that underpins the $SPCX story.

A Memory Shakeout Hits Chips

The same comments touched a nerve in semiconductors. Memory names wobbled as a Chinese manufacturer detailed an aggressive new server-memory design, with $MU (Micron) sliding about 4% and peers including SK Hynix and Samsung easing. Musk noted that lower tiers of memory are being solved quickly, while high-bandwidth and 3D-stacked RAM remain the hard problem, the very chips that feed AI accelerators like those behind xAI. The read-through nudged AI proxies such as $NVDA and the broader $QQQ, a reminder that the Musk empire now sits squarely inside the AI-hardware trade.

Against that backdrop, $SPCX and $TSLA remain the market's cleanest way to own Musk's bet on manufacturing scale, from rockets to robots, a theme that has powered the pair through a busy run of catalysts around the Roadster reveal and beyond. Broader market coverage of the Musk complex is tracked at outlets such as CNBC.

With earnings on the calendar and launch cadence still climbing, the setup into late October keeps both tickers firmly in focus.

This article does not constitute financial advice. Readers are advised to do their own research before investing in the stock market. Prices cited are point-in-time snapshots and may be stale — always confirm on a live financial source.