SpaceX Stock Price Eyes 20% Jump as Trump Reveals Musk Donation Plan

SpaceX Stock price surged to $162 on July 3, gaining 3% as buyers returned after early pressure. The move came as President Donald Trump said Elon Musk may support the Trump Accounts program with SpaceX stock. 

The sentiment was aided by wider market strength, as BTC, ETH, SOL, and XRP were up, alongside a fresh flow into digital asset funds. 

Trump Thinks Musk May Donate SpaceX Stock to Children’s Accounts

President Donald Trump said he believes Elon Musk may donate SpaceX stock to the Trump Accounts initiative. He said them in a Thursday CNBC interview with Joe Kernen.

Trump said he had not spoken with Musk recently, but described their relationship as positive. He cited other technology leaders that sponsored the children investment program.

JUST IN: 🇺🇸 President Trump says he thinks Elon Musk will donate SpaceX $SPCX stock to Trump Accounts​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​. pic.twitter.com/82NQK1Wj8z

— Whale Insider (@WhaleInsider) July 2, 2026

Trump replied that he believes he will, when asked about a potential Musk donation. He cited examples of corporate support in Micron and Michael Dell.

The Trump Accounts plan creates investment accounts for children and allows outside contributions. Publicly traded shares were said to be acceptable under Treasury guidelines.

However, no final SpaceX commitment has been announced by Musk or the company. That keeps investors on the lookout to price anything before it happens.

SPCX Gains 3% as Buyers Defend Key $157 Support Zone

SPCX closed at $162 after rising $4.46. The gain was a good recovery of the day’s weakness.

The stock started at around $155 and was raised by buyers above the 157.54 demand region. That area was the critical support area of the session.

Momentum later in the day increased as price approached the $160 area. There was a short pullback, but buyers came back.

During the recovery, afternoon volume rose, with greater demand towards the end of the day. That late surge brought SPCX to the resistance at the vicinity of $162.50.

After-hours trading dropped to around $160.95, with some reluctance following the surge. Nonetheless, holding a higher than $160 might now ensure the short-term structure is positive.

The move came as the wider crypto market gained 1.69% to $2.15 trillion. Bitcoin price rose over $61,800, and Ethereum gained 5%.

SpaceX Stock Price Prediction: Will SPCX Rally to $195 Soon?

The current setup keeps $165 as the first breakout level for SpaceX Stock price. A close above that level on a daily basis would bring new momentum.

In case of buyers clearing above $165, the next target will be close to 180. The powerful follow-through can then lead to a door to $195.

Such a movement would be approximately a 20% bounce of the $162 close. The Stock price of SpaceX would validate a resurgence of strength after volatility.

Nevertheless, the optimistic opinion relies on the support above $160. Any further dip below $157 would undermine momentum and reveal $155 over the next few sessions.