SpaceX (SPCX) closed at $158.96 on October 2, 2026, following a 7.35% surge driven by a triple-launch day that included NASA’s Crew-13 mission, Starship Flight 14’s orbital deployment of 26 Starlink V3 satellites, and a classified Falcon Heavy payload. These operational milestones, combined with the full-rate billing start of major AI infrastructure contracts with Google and Anthropic, have lifted near-term sentiment and trading volume. The stock trades well above its June IPO price but remains below its $225.64 high, with analysts maintaining a Moderate Buy consensus and average price targets near $226. Key near-term catalysts include the company’s first post-IPO earnings release around November 3 and potential Starship Flight 15, while heavy AI-related capex and negative free cash flow continue to pressure valuations at roughly $2.16 trillion market cap.