TLDR
- SpaceX stock closed 1% lower at $152.71 on Friday despite a new $946 million NASA contract.
- NASA awarded SpaceX three more crew missions, taking the program total to 17 flights and $5.92 billion.
- Starship Flight 14 has been pushed from Sept. 22 to Sept. 28, pending regulatory approval.
- SpaceX reported $7.81 billion in quarterly revenue, up 92% from a year earlier.
- Invezz sees an ascending triangle on the chart, while Wall Street’s average price target stands at $221.42.
SpaceX (SPCX) stock closed Friday at $152.71, down 1.36%, after trading between $149.93 and $156.60. The stock remains well above its 2026 low of $104.83.
Space Exploration Technologies Corp., SPCX
The pullback came even after NASA awarded SpaceX three more astronaut missions under its Commercial Crew program. The contract modification is worth $946 million.
NASA said the new missions are Crew-15, Crew-16 and Crew-17. The award lifts SpaceX’s total number of contracted missions under the program to 17.
$SPCX WINS $946M NASA AWARD FOR THREE MORE CREW MISSIONS
NASA awarded SpaceX three additional astronaut flights to the International Space Station covering Crew-15, Crew-16 and Crew-17.
The missions will run through 2030 and include launch, in-orbit operations, return,… pic.twitter.com/9MZHQyscTX
— Wall St Engine (@wallstengine) September 18, 2026
The new work covers ground operations, launch, in-orbit services, return and recovery, cargo transportation and emergency lifeboat capability. NASA said the contract now carries a total value of $5.92 billion.
NASA Deal Adds to SpaceX Backlog
The contract runs through 2030, with mission readiness dates scheduled for 2027 and 2028. SpaceX was first certified by NASA for crew transportation in November 2020.
The latest award arrives after SpaceX reported $7.81 billion in second-quarter revenue. Revenue increased 91.9% from the same quarter last year, according to MarketBeat.
SpaceX reported a quarterly loss of $0.09 per stock unit, compared with the consensus estimate for a $0.26 loss. The company remains unprofitable on an EPS basis.
Institutional interest has also continued. Corient Private Wealth disclosed a new position worth about $5.09 million after purchasing 29,814 SpaceX stock units during the second quarter.
MarketBeat lists 26 Buy ratings, eight Hold ratings and seven Sell ratings for SpaceX. Its reported consensus price target is $221.42, around 45% above Friday’s closing price.
Starship Flight Becomes the Next Focus
The next major event is Starship Flight 14. SpaceX moved the planned launch from Sept. 22 to Sept. 28, with the flight still subject to regulatory approval.
The mission is expected to attempt Starship’s first orbital flight. Plans call for roughly six Earth orbits during a mission lasting close to 10 hours.
SpaceX also plans to deploy 26 Starlink V3 satellites during the flight. Each satellite is designed to provide one terabit per second of network capacity.
The six-day delay weighed on SPCX during Friday trading. The company has not publicly provided a reason for moving the launch date.
From a technical perspective, Invezz identified an ascending triangle on the two-hour chart. The publication also noted that SPCX remained above its 50-period moving average and identified $200 as a possible breakout level.
SPCX has climbed from around $104.60 in August to above $150. Its 50-day moving average currently sits near $134.69, according to MarketBeat.
For now, the Sept. 28 Starship launch is the closest scheduled event for investors to track. SpaceX says the mission remains dependent on regulatory approval.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
