SPCX seeks federal nod for up to 456 Starship launches a year

CNBC+2 · 3 hours ago
SPCX seeks federal nod for up to 456 Starship launches a year
  • SpaceX seeks federal approval for up to 456 Starship launches and 912 landings annually at its South Texas launch complex.
  • SpaceX launched 27 Starlink satellites on a Falcon 9 from Vandenberg Space Force Base on October 12, 2026, ending a launch drought of over three weeks for Falcon 9 missions.
  • Starlink segment revenue rose approximately 66% year-over-year in Q2, and SpaceX is expanding into direct-to-mobile services after acquiring wireless spectrum licenses for about $8 billion.
  • The AI business generated approximately $2.56 billion in Q2 revenue, a 247% year-over-year increase, with roughly $14.1 billion in contracted AI cloud sales.
  • SpaceX incurred approximately $28.5 billion in capital expenditures in H1 2026.
  • Investor Kevin Simpson bought more SpaceX shares at approximately $161 after an initial buy at $121, with the stock around $154 following a recent pullback.
  • Starship is intended to carry all future Starlink V3 satellites, and Falcon 9 and Falcon Heavy are slated for phase-out over the next few years.