SpaceX shares closed near $159 on October 2 after surging on a record Falcon launch cadence, Starship Flight 14’s orbital success with Starlink V3 deployment, and AI compute contracts ramping with Alphabet and Anthropic. These developments support the market’s 23% weighting on the $155–$160 band for the week of October 5, yet the spread across adjacent ranges reflects ongoing volatility. Traders weigh accelerating revenue—Q2 rose 92% year-over-year—against persistent losses, a roughly $2 trillion market capitalization, and the pending Q3 earnings release plus potential share unlocks that could pressure pricing. Analyst targets averaging above $220 contrast with the stock’s post-IPO pullback from $225 highs, underscoring sensitivity to execution milestones and macroeconomic risk appetite.