SpaceX shares eased 0.55% in premarket trading on Thursday to $138.98, after falling 2.33% to $139.75 in the previous session. All eyes are now on Starship Flight 15, planned for Friday, November 13, when SpaceX will try to catch both the Super Heavy booster and the Starship upper stage with the launch tower’s mechanical arms, something never done before. President Gwynne Shotwell said the company expects its FAA licence to cover both catches. The previous flight on September 28 reached orbit for the first time and deployed 26 Starlink V3 satellites, earning Starship its first commercial revenue. A successful catch could help a stock that has dropped almost 12% over the past month and sits well below its $225.64 peak, though still above its $135 IPO price. SpaceX trades at about 724 times forward earnings. Third-quarter revenue jumped 161% to $14.6 billion, while capital spending reached $19.6 billion, mostly on AI infrastructure.
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