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MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

Why SpaceX Investors Should Look Past Starship’s Fiery Splashdown

When Starship splashed down in the Pacific Ocean and caught fire, headlines focused on the hardware loss. For investors analyzing SpaceX (NASDAQ: SPCX), the actual story unfolded quietly in orbit.

Flight 14 successfully deployed 26 next-generation Starlink V3 satellites before its early termination, a critical step for SpaceX's only profitable operating segment. At a valuation of about $1.92 trillion, the market is not pricing in experimental rocket tests; it is pricing in a future global telecommunications monopoly.

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