SpaceX's Starship reached Earth orbit for the first time on Sept. 28, 2026, deploying all 26 Starlink V3 communications satellites despite an upper-stage engine malfunction during ascent. Earlier reporting said the vehicle completed atmospheric reentry and splashed down in the North Pacific after a shortened mission. SpaceX shares closed at $145.47 on Monday, with accounts describing declines of 2.16% and 3%, even as TD Cowen and CLSA initiated coverage with buy ratings and $200 and $250 price targets, respectively. TD Cowen said SpaceX's artificial-intelligence computing rental business, used by Google and Anthropic, was its fastest-growing revenue category and projected it would account for most revenue by the first quarter of 2027.