SpaceX Shares Reclaim $150 Level Following DoD Space Weapons Confirmation

Key Facts

1SpaceX shares rose 5.1% to reach $151 in mid-morning trading on Wednesday.

2The stock regained its $150 IPO open price following Defense Department confirmations regarding space-based weapons.

In a move reflecting the growing role of space technology in defense strategies, SpaceX shares recorded a significant rally during Wednesday's trading session. According to reports, the stock climbed 5.1% to reach $151 in mid-morning trading. This momentum was triggered by confirmations from the US Department of Defense regarding developments in space-based weapons, providing a substantial tailwind for the aerospace company.

With this surge, the stock successfully reclaimed the $150 level, which represents its initial IPO opening price. Per market data, SPCX closed at $148.15 as of September 14, 2026, making this latest move a breakout above previous psychological resistance levels. This performance comes as investors monitor defense contracts as a primary pillar for long-term revenue growth in the space sector.

Technically, traders are watching to see if the stock can maintain stability above $151 to flip the previous opening price into a new support level. Based on available data, the stock saw a day high of $152.56 against a low of $146 (as of the September 14, 2026 close). With no immediate catalysts in the upcoming economic calendar, focus remains on the sustainability of the momentum generated by government contract news.