US Stock Market Move | SpaceX (SPCX.US) falls 3%, market value drops below 2 trillion US dollars.

date
22:59 10/07/2026
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GMT Eight
On Friday, SpaceX fell 3% to $147.56, with a market value dropping below $2 trillion. Its cumulative decline this week is nearly 9%.
On Friday, SpaceX (SPCX.US) fell by 3%, closing at $147.56, with a market value falling below 2 trillion dollars, and a cumulative drop of nearly 9% for the week. On the news front, Musk outlined SpaceX's commercial vision for the next decade in a recent interview with the market: not only planning to deploy a "space AI data center" within two years to break the computational bottleneck of the earth, but also setting a radical timetable of landing on the moon within three years and landing on Mars within five years. Musk recently stated that SpaceX has adjusted its focus, placing more emphasis on the moon. Compared to Mars, the moon is closer and building a lunar city is much faster. According to his timetable, a lunar city will be established within the next 10 years. However, Musk remains optimistic that supplies can also start being transported to Mars within 7 years.