SpaceX (SPCX) stock traded in a narrow $145–$153 range during the week of September 28, 2026, with closes near $145–$151 amid elevated volume. The dominant near-term catalyst was the successful September 28 Starship Flight 14, which achieved orbit, deployed 26 Starlink V3 satellites in the first revenue-generating mission, and lifted sentiment despite a controlled reentry. Broader positioning reflects a roughly $2 trillion market cap at forward multiples near 19 times 2027 consensus revenue estimates of about $108 billion, supported by Starlink connectivity growth and AI-compute ambitions but tempered by post-IPO lockup expirations, capital intensity, and a 34% decline from the June peak above $225. Analyst targets cluster between $200 and $300, while traders weigh execution on reusability milestones against rich valuations and upcoming quarterly results.