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SpaceX and Tesla shares jump 7% ahead of Starship test 14, while Rocket Lab and space ETFs stay flat.

Market News
03 Sep 2026
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Bullish
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SpaceX shares rose 7% as investors anticipate the upcoming Starship test 14, the largest fully reusable rocket flight. Tesla also gained 7%, boosted by its ties to SpaceX and optimism around autonomy and manufacturing collaborations like the Terafab semiconductor project. Rocket Lab and broader space ETFs showed minimal movement, indicating the rally is focused on Musk-linked companies. The test launch, expected soon but not yet scheduled, carries binary event risk that could impact stock prices. Investors should watch for launch updates and progress on Tesla's semiconductor and Robotaxi expansions.

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