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Shares of SpaceX surged nearly 8% on Monday, reaching levels not seen since mid-June, following positive analyst notes and recent historic launches. The rally has elevated Elon Musk's net worth to over a trillion dollars once again. Analysts from Morgan Stanley highlighted upcoming AI product releases, Starship progress, and new contracts as key drivers for the stock's growth, with a target price of $300.
SpaceX's compact Starlink Mini dish, which measures 11.75 by 10.2 inches and weighs about 2.4 pounds, is now priced at $199 when bought directly from Starlink, down from its initial $599 launch price. The device includes a built-in Wi-Fi router, uses 20 to 40 watts of power, and can run on USB-C power sources, with Starlink offering an optional USB-C to barrel jack cable for off-grid use.
Rocket Lab announced a new agreement with Japanese radar-imaging company Synspective covering 20 additional Electron launches, its largest single launch services agreement to date. This extends Synspective's total bookings with Rocket Lab to 47 missions, including 13 already flown since 2020 carrying the company's StriX radar satellites. The deal follows Rocket Lab's most recent Synspective launch on September 25.
SpaceX's 14th Starship test flight reached orbit for the first time on Monday, deploying 26 functioning Starlink satellites and completing a controlled splashdown of its Super Heavy booster. However, engine failures—one on the booster during ascent and descent, and one on the upper stage during ascent—forced SpaceX to cut the planned 10-hour, six-orbit mission short, returning the ship to Earth after about three hours before it exploded on Pacific splashdown.
SpaceX's 14th Starship test flight on Monday reached stable orbit, deployed 26 V3 Starlink satellites, and completed a controlled splashdown in the Pacific despite a vacuum Raptor engine failure. Despite the largely successful mission, SpaceX's private stock fell about 2% on the day and remains below where it stood a week earlier, prompting confusion among investors on social media.
SpaceX's Starship completed its 14th test flight on Monday, achieving orbital insertion for the first time and deploying 26 of its new Starlink V3 satellites from Starbase in South Texas. The Super Heavy booster, using 33 Raptor engines, separated and splashed down in the Gulf of Mexico, while the upper stage suffered an early engine shutdown before restarting a Raptor engine to reach an orbit roughly 171 miles up. SpaceX confirmed contact with all 26 deployed satellites, each weighing about 2 metric tons.
SpaceX's 14th Starship test flight launched from Starbase, Texas, and for the first time accelerated the upper stage to full orbital velocity rather than the suborbital trajectories used in prior tests. During the flight, the rocket deployed 26 next-generation Starlink satellites, which are too large to fit aboard SpaceX's Falcon 9 rocket, releasing them one by one from its cargo bay. The Super Heavy booster separated and made a controlled splashdown in the Gulf of Mexico near the launch site.
On its 14th test flight, SpaceX's Starship reached Earth orbit for the first time, despite one of its more than three dozen engines shutting down early. The uncrewed vehicle deployed 26 advanced Starlink satellites before mission controllers cut the planned 10-hour flight to three hours, and the craft splashed down in the Pacific north of Hawaii, tipping over and catching fire.
SpaceX launched its Starship rocket on a mission that reached orbit for the first time, successfully deploying an advanced batch of Starlink satellites. During ascent, one of the vehicle's engines shut down earlier than planned, and SpaceX cut the flight short as a precaution.
SpaceX's Starship, launched atop its Super Heavy booster, reached low-Earth orbit for the first time on its 14th flight, despite losing one of six Raptor engines mid-mission. The company shortened the planned orbital stay from about 10 hours to roughly three before Starship reentered and landed in the Pacific Ocean. During the flight, SpaceX deployed 26 Starlink V3 satellites into orbit and confirmed contact with all of them, while the Super Heavy booster splashed down in the Gulf of Mexico for eventual recovery.
SpaceX's Starship completed its first orbital flight, deploying 26 operational Starlink V3 satellites despite an early shutdown of one Raptor 3 engine during ascent. After assessing the upper stage's condition at its first orbital checkpoint, SpaceX opted to cut the mission short, moving up the deorbit burn to about 11 a.m. EDT with splashdown planned in the Northern Pacific, rather than waiting out the full 7.5-hour orbital window.
SpaceX's Starship rocket achieved Earth orbit for the first time in a launch from South Texas, despite losing one of six Raptor engines on its upper stage shortly after separation. The company briefly called off the mission before resuming, and the Ship stage went on to deploy all 26 planned third-generation Starlink satellites. SpaceX is still deciding whether to complete a full set of orbits or bring the upper stage down early, while the Super Heavy booster successfully returned to the launch site.