AI-powered contentSome parts of this article are powered by AI.
Share this article
Summary
SpaceX (SPCX) fell 2.33% to $139.75 on November 11, 2026, while the Nasdaq Composite rose 1.60%.
The Motley Fool tied the slip to caution ahead of Starship Flight 15, which it said is scheduled for November 13.
Early gains followed the FCC's November 10 acceptance of SpaceX's 800 MHz spectrum filing, which Moneywise noted is not an approval.
Gotrade News - In the latest SpaceX stock news, shares of SpaceX (SPCX) fell 2.33% to $139.75 on Wednesday, November 11, 2026, a drop of $3.34 in the US session. Financial media tied the slide in SpaceX stock to caution ahead of the company's next Starship test flight, even as the broader market rose.
SPCX Trading Data
Data
Value
Closing price
$139.75
Change
-$3.34 (-2.33%)
Previous close
$143.09
Open
$143.38
Day range
$138.62 to $145.16
Volume
114.2 million shares
30-day average volume
104.3 million shares
52-week range
$104.83 to $225.64
Regular-session close on Wednesday, November 11, 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 12, 2025. Indices: Yahoo Finance daily closes for the same date.
SpaceX opened at $143.38 and traded between $138.62 and $145.16 before closing $1.13 above the day's low. Volume reached 114.2 million shares, 9.49% above the average of 104.3 million shares.
The decline ran against a firmer tape. The Nasdaq Composite rose 1.60% to 25,466.19, the S&P 500 gained 1.31% to 7,619.38 and the Dow Jones Industrial Average added 0.49% to 52,486.49, leaving SPCX 3.93 percentage points behind the Nasdaq. Among Musk-linked and satellite names, Tesla (TSLA) rose 2.91% to $390.84 and AST SpaceMobile (ASTS) climbed 8.70% to $36.62.
At $139.75, SpaceX stock sits 38.07% below its 52-week high of $225.64 and 33.31% above its 52-week low of $104.83.
According to The Motley Fool, early gains faded on November 11 as investors turned their attention to Starship Flight 15, which the publication said is scheduled for Friday, November 13. The Motley Fool said the launch carries near-term execution and technical risk. It also pointed to an insider lockup expiring on December 8 that could add tradable shares to the market, noting that SpaceX went public in 2026.
The early strength followed a regulatory step. As reported by Moneywise, the Federal Communications Commission said on November 10 that it had accepted a filing from Starlink Spectrum Holdings, Musk's entity, to buy 800 MHz Specialized Mobile Radio licenses from Grain Management, a deal The Wall Street Journal reported could cost about $8 billion. Moneywise stressed that acceptance is not an approval, with public comments and opposition due in December, and noted that Verizon, AT&T and T-Mobile warned the FCC through their trade group CTIA that a wider buildout could "have real consequences for consumers."
Separately, Elon Musk posted on X on Wednesday that "100GW in space is roughly equal to 800GW on Earth," per Stocktwits. The comments followed a contract confirmed by German equipment maker Singulus Technologies, worth more than EUR 60 million, to supply a heterojunction solar-cell production line for delivery in the first half of 2027 at a Bastrop, Texas facility. The Motley Fool said the Singulus order supported premarket trading.
SPCX Stock Analysis: Supporting Factors and Risks
Supporting Factors
The FCC's November 10 acceptance moves the Grain spectrum purchase into formal review, and Moneywise reported that the FCC noted the planned coverage would reach roughly 100% of the US population.
SpaceX's third-quarter results, announced October 20, showed revenue up 161% year over year to $14.6 billion, including $7.6 billion from its AI business, according to The Motley Fool.
The Singulus solar-cell line, due in the first half of 2027, supports the solar-powered orbital data center plans Musk described, per Stocktwits.
Risks
Starship Flight 15 carries near-term execution and technical risk, according to The Motley Fool.
The insider lockup expiring December 8 could add tradable shares to the market, the same report said.
The spectrum deal still needs FCC approval, and the three largest US carriers have pushed back on the wider buildout, per Moneywise.
The stock closed 38.07% below its 52-week high of $225.64.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
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 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.
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.
