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SpaceX launches its 100th Block 5 rocket, boosting its financial strength and stock outlook.

Market News
26 Sep 2026
24/7 Wall Street
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Bullish
SpaceX launches its 100th Block 5 rocket, boosting its financial strength and stock outlook.

SpaceX successfully launched its 100th Falcon 9 Block 5 rocket, a milestone that highlights its reusable rocket technology designed for multiple flights with minimal maintenance. This achievement supports SpaceX's strong financial position, holding $93.52 billion in cash and driving positive stock performance with shares up 6.48% over the past month. Analysts predict nearly 50% upside with revenue expected to grow from $44.8 billion in 2026 to $108.3 billion in 2027, supported by defense contracts, AI cloud services, and Starlink subscriber growth. While challenges like high capital expenditures and Starship losses remain, SpaceX’s path to a $250 share price by 2027 is considered achievable if current growth trends continue.

SpaceX's market cap stands at $1.96 trillion as of September 26, 2026, 23:02 WIB, reflecting its massive scale in the industrials sector. On Pluang, the stock trades at USD 148.67 with a modest 1-day gain of 0.43%, and a strong buy sentiment at 64% of order activity. The typical hold time of 37 days indicates a relatively active trading interest among Pluang investors, complementing the company's ongoing growth narrative.

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SpaceX rated Strong Buy on growth in launches, Starlink, and AI, targeting $100B AI revenue by year-end.

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President Trump bought SpaceX stock weeks after its IPO, raising political risk questions for investors.

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