SpaceX shares fall 1.36% as NASA award offsets Starship flight delay

  • SpaceX shares closed at $152.71, down 1.36%, after NASA awarded three additional Commercial Crew missions.
  • The $946 million NASA contract brings SpaceX's total Commercial Crew missions to 17 and cumulative program value to $5.92 billion.
  • Starship Flight 14 was delayed to Sept. 28 and is intended to complete about six orbits while deploying 26 Starlink V3 satellites.

SpaceX shares closed Friday at $152.71, down 1.36%, despite a $946 million NASA award for three additional astronaut transportation missions. The contract raises SpaceX's Commercial Crew total to 17 flights, worth $5.92 billion through 2030, while investors continued to assess $7.81 billion in second-quarter revenue, an operating loss in the space segment and $18.4 billion in quarterly capital expenditures. Attention also remains on Starship Flight 14, whose target moved six days to Sept. 28 from Sept. 22 pending regulatory authorization; the mission is planned to be Starship's first orbital flight and deploy 26 Starlink V3 satellites.

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