SpaceX stock rose about 5% on Tuesday as investors weighed two potential catalysts. On Monday, SpaceX said on X that it would fly the 14th test mission of its Starship spacecraft on Sept. 22 from its Starbase facility in South Texas, its first flight attempt since a positive flight in August. The company said the mission, if successful, will deploy new Starlink satellites and test enhancements to both Starship and its booster, and CEO Elon Musk hinted SpaceX may try to catch Starship at its launch site with the Mechazilla arms. Earlier Tuesday, SpaceX investor Ron Baron told CNBC he thinks Starlink alone could be a trillion dollars in revenue in 10 years, with 700 billion to 800 billion dollars of EBITDA supporting a 14 trillion to 15 trillion dollar valuation. Musk also said at the All-In Summit that it was a great question whether Tesla and SpaceX would remain separate given their close collaboration, reviving talk of a possible merger between the two companies.
Space Exploration Technologies Corp. Class A Common StockSpaceX announced its 14th Starship test flight for Sept. 22, deploying new Starlink satellites and testing Starship/booster enhancements.
Tesla Inc