Apple and Oracle will factor into the coming week, but stock market action is likely to ultimately hinge on the scheduled SpaceX IPO.

The Nasdaq and S&P 500 broke key support. The SpaceX IPO looms.

SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance,…