Why did SPCX stock drop? — 2026-11-11

Research session: 2026-11-11. Published: 2026-11-11T21:36:39.059082+00:00.

Final report

SPCX — Space Exploration Technologies Corp. - Class A Common Stock

Session close: $139.75. Regular-session share volume: 97,527,544. Change from previous close: -2.33%.

Key developments

SpaceX is preparing a Starship flight attempting to recover both rocket stages with the launch tower's mechanical arms, which a Morgan Stanley analyst called potentially the biggest positive catalyst since the IPO. Musk said success is more likely than not but not guaranteed, and the flight still needs FAA approval. Separately, a Thiel Capital executive warned the AI sector is in a bubble, naming SpaceX among once-in-a-generation companies.

Company mentioned — Mentions SPCX in the article text. Elon Musk Aims for Historic 'Double Catch' Friday · Company mentioned — Mentions SPCX in the article text. Peter Thiel’s Longtime Business Partner Says AI Is Absolutely in a Bubble: ‘This Will Correct’

Full report for 2026-11-11