SpaceX shares (SPCX) have traded near $150 in early September 2026 following the June IPO priced at $135, with the $145–$150 and $150–$155 buckets commanding the highest market-implied odds at 24% and 20%. Trader consensus reflects the stock’s post-IPO consolidation after peaking above $220, driven by Starlink’s 61% revenue share and growing AI infrastructure contracts, offset by elevated valuation multiples near 100 times prior-year sales and lock-up expirations. Recent Falcon 9 cadence and Starship orbital preparations ahead of the late-September test flight provide operational momentum, while broader equity volatility and macroeconomic rate expectations continue to influence near-term price action into the week of September 28.