SpaceX shares closed the week of September 28 at $145.47 after a 2.16% decline on the final trading day, aligning with the market’s tight clustering around the $140–150 range. The week’s primary catalyst was Starship Flight 14’s successful orbital insertion and deployment of 26 Starlink V3 satellites—the vehicle’s first revenue-generating mission—offset by an early engine cutoff that shortened the flight and weighed on sentiment alongside broader market moves. Traders appear to balance rapid revenue growth (Q2 up 92% year-over-year) and analyst price targets above $200 against a roughly $2 trillion market cap that embeds aggressive AI-compute leasing and Starlink expansion assumptions with limited room for execution shortfalls. Upcoming catalysts include the November earnings release and further Starship test flights that could clarify the pace of reusability and constellation scaling.