US Stock Market Move | SpaceX (SPCX.US) rises over 4%; Starship's 14th flight mission is scheduled to launch on September 22.

On Wednesday, SpaceX (SPCX.US) rose over 4% to $150.08. On the news front, SpaceX announced that Starship's 14th flight mission is scheduled to launch on September 22, marking its first attempt at orbital flight and the deployment of 26 V3 Starlink satellites the first Starship mission capable of generating commercial revenue. Meanwhile, the United States confirmed for the first time that it possesses an in-orbit space weapon, and the "Golden Dome" program is accelerating, providing an additional catalyst for space stocks. A Morgan Stanley research report argues that amid volatility in AI-related trades, SpaceX may be relatively defensive among its peers, reiterating an "Overweight" rating and a $300 price target, with the bank bullish on its potential to drive improvements in "intelligence per watt, per dollar, per second."