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SpaceX's Starship reaches orbit first time despite engine issue, deploying 26 Starlink satellites.

Market News
28 Sep 2026
Proactive Investors
View Source
Bullish
SpaceX's Starship reaches orbit first time despite engine issue, deploying 26 Starlink satellites.

SpaceX's Starship successfully reached orbit for the first time despite one of its three main engines shutting down after reaching space. The mission was shortened from 10 hours to three but still deployed 26 Starlink V3 satellites, which offer significantly higher data capacity. This milestone marks Starship's 14th flight and a major step toward routine operations planned later this year. The launch enhances Starlink's revenue potential with improved satellite technology and increased deployment capacity.

SpaceX's stock price is currently at USD 147.36 on Pluang as of Sep 29, 2026 01:51 WIB, trading closer to its 52-week low of USD 108.27 than its high of USD 202.09. Despite the recent milestone of Starship reaching orbit, the stock is down 0.88% in the last day. Investor sentiment on Pluang shows a strong buying interest with 76% of orders being buys and a typical hold time of 38 days, indicating confidence in the company's longer-term prospects.

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