SpaceX and Tesla Jump 7% Ahead of Starship Test 14

Price Action

โดย 24/7 Wall St.·

Summary · why it matters

SpaceX stock is up 7% to $150.84 and Tesla stock is up 7% to $381.69, leading a narrow rally ahead of Starship test 14 and their jointly backed $16.8 billion Terafab semiconductor project. Rocket Lab is barely budging, with RKLB stock up 1% at $63.66 despite record Q2 revenue of $234.07 million and a $2.36 billion backlog, up 137% year over year. The Procure Space ETF (NASDAQ:UFO) is up 0.2% to $43.23, barely off flat even as SpaceX rallies, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 1% to $772.46, confirming Thursday's bid is a two-name Musk-linked trade rather than sector rotation. SpaceX's Q2 2026 backed the tape with revenue of $7.81 billion versus $6.82 billion estimated and a backlog of $47.5 billion, while Tesla's Q2 delivered record deliveries of 480,126 vehicles and nearly 1.5 million paid FSD customers globally, though operating margin compressed to 1.4% and non-GAAP EPS came in at $0.33. SpaceX also disclosed plans to invest $100 billion in Starbase, Louisiana, in Vermilion Parish, with construction starting in 2027 and first launch targeted as early as 2029.