SpaceX successfully launched its Starship rocket, deploying new Starlink satellites and landing the booster, yet its stock dropped 2.16% due to a general decline in growth stocks. The launch increased Starlink's satellite capacity significantly, supporting long-term cost reductions and subscriber growth. However, investors remain cautious as future revenue from orbital data centers and Mars missions is still speculative. The stock's performance reflects broader market trends rather than company-specific issues, with future success depending on consistent flight cadence and improved economics.
Despite the article noting a 2.16% drop in SpaceX's stock, on Pluang SPCX is up 1.00% at USD 146.93 as of Sep 29, 2026 20:03 WIB. This price sits between its 52-week low of USD 108.27 and high of USD 202.09, showing it remains well below its peak. The stock's market cap stands at $1.92 trillion, with a strong buy interest of 76% among Pluang investors, contrasting the broader decline in growth stocks mentioned in the news.
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