SpaceX (SPCX) shares traded near $145–$150 in the final days of September 2026 following its June IPO at roughly $135 and a subsequent peak above $225. The primary near-term catalyst was Starship Flight 14’s successful orbital insertion and V3 Starlink deployment on September 28, which reinforced execution momentum in the launch and connectivity businesses. Traders also weighed strong Q2 revenue growth of 92% year-over-year to $7.8 billion, driven by AI compute leasing and Starlink subscriber expansion, against an elevated price-to-sales multiple near 85–90x trailing revenue and heavy capital spending. Analyst consensus targets clustered around $220–$230, implying material upside, while upcoming Q3 results in November and further share unlocks remain key variables for weekly price resolution.