SpaceX Stock (SPCX) Rises 5.8% After NASA Moon Base Awards (Nov 9)

M Alfathan RahmanM Alfathan RahmanHendrie Saputra
Reviewed by Hendrie Saputra
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SpaceX Stock (SPCX) Rises 5.8% After NASA Moon Base Awards (Nov 9)

Summary

  • SpaceX (SPCX) closed at $142.07 on November 9, up 5.81%, ahead of a 2.74% gain in the Nasdaq Composite.
  • Financial media tied the move to NASA selecting SpaceX among eight companies for a lunar delivery contract with a combined maximum value of $10 billion.
  • SpaceX also proposed a gas-fired power plant and super-compute facility in Starbase, Texas, with initial investment estimated at about $24 billion, per Stocktwits.

Gotrade News - In the latest SpaceX stock news, SpaceX (SPCX) closed at $142.07 on Monday, November 9, 2026, up $7.80 or 5.81% in the US session. Financial media tied the SpaceX stock gain to the Moon Base contract awards NASA announced over the weekend, while the company also advanced plans for a roughly $24 billion power and computing project in Texas.

SPCX Trading Data

DataValue
Closing price$142.07
Change+$7.80 (+5.81%)
Previous close$134.27
Open$136.51
Day range$135.37 to $143.20
Volume103.5 million shares
30-day average volume103.6 million shares
52-week range$104.83 to $225.64

Regular-session close on Monday, November 9, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since November 10, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.

Follow SPCX's latest price on our SpaceX (SPCX) stock price today page.

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How SPCX Traded in the Session

SPCX opened at $136.51, above the previous close of $134.27, and traded as high as $143.20. It finished $6.70 above the day's low, near the top of its range. Volume came to 103.5 million shares, in line with its 103.6 million average.

The gain outpaced a broad rally. The Nasdaq Composite rose 2.74% to 25,253.14, the S&P 500 added 2.35% and the Dow Jones Industrial Average gained 2.15%, leaving SPCX 3.07 percentage points ahead of the Nasdaq. The US 10-year Treasury yield edged up 0.5 basis points to 4.86%.

Among peers, AST SpaceMobile (ASTS) rose 14.10% and CoreWeave (CRWV) gained 5.56%. Even after Monday's move, SPCX sits 37.04% below its 52-week high of $225.64 and 35.52% above its 52-week low of $104.83.

Read also: Take-Two Reports Fiscal Q2 Results, Net Bookings $1.60 Billion

Why SpaceX Stock Rose

Coverage of the session pointed first to NASA. According to NASA's official release dated November 7, the agency selected SpaceX as one of eight companies, alongside Blue Origin, Lockheed Martin and Northrop Grumman, to compete for future lunar surface deliveries under a 10-year contract with a combined maximum value of $10 billion. NASA also selected SpaceX for a Cislunar Communications Deployment Demonstration, under which SpaceX will launch communications satellites aboard a Starship to cislunar space in 2028.

As reported by Yahoo Finance, SpaceX added more than $100 billion in market value on Monday and posted its biggest two-day gain since early October. Yahoo Finance also wrote that Wall Street prices SpaceX less as a lunar trucker than as an AI cloud, and that space stocks rose roughly 20% to 60% from the November 5 close.

A second item came from Texas. Per Stocktwits, which cited a Bloomberg report, SpaceX proposed building, owning and operating a gas-fired power plant and super-compute facility on about 444 acres in the City of Starbase, with an estimated capital investment of about $24 billion for the initial phases. Stocktwits noted that SPCX closed above its June IPO price of $135.

SPCX Stock Analysis: Supporting Factors and Risks

Supporting Factors

  • NASA placed SpaceX in its new lunar delivery pool and selected it for a Starship communications demonstration in 2028, according to NASA.
  • SpaceX is widening its AI compute base, including the Starbase project and a multi-year arrangement with Anthropic for capacity at its Colossus sites, as reported by Stocktwits.

Risks

  • The NASA pool selects companies to compete for future delivery missions, and the release gave no dollar value for SpaceX's own work.
  • The Starbase plan goes to a December 9 public hearing on a tax abatement and development agreement, and Texas's incoming Democratic governor, Gina Hinojosa, campaigned partly on curbing new data-center construction, per Stocktwits.
  • Space stocks have swung sharply: Yahoo Finance noted that an average of nine space stocks more than doubled this year by May 28, then gave it all back, leaving the group down for 2026.

This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.

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Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.


M Alfathan Rahman
Written by
M Alfathan Rahman
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
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Hendrie Saputra
Reviewed by
Hendrie Saputra
Expert Reviewer
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
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