SpaceX (SPCX) Stock: Gains as SpaceX Completes Ship 40 Recovery

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TLDRSPCX stock gains 0.89% as SpaceX completes Ship 40 recovery from AustraliaSPCX holds $140 support as Ship 40 heads back to SpaceX’s Texas baseSpaceX recovers Ship 40 after its first intact Starship ocean landingSPCX trades near $141 as SpaceX prepares for another Starship testShip 40 recovery gives SpaceX valuable data for future Starship designsSpaceX  (SPCX) closed at $140.87, gaining 0.89% as SpaceX completed the recovery of Starship Ship 40. The stock recovered from the $139 area and held above the $140 support level. Meanwhile, SPCX faces resistance between $141.00 and $141.50, keeping the focus on its next price move.Space Exploration Technologies Corp., SPCXSpaceX Completes Ship 40 RecoverySpaceX moved Ship 40 toward Starbase after recovering the vehicle from waters near Christmas Island. The upper stage came from the company’s 13th Starship test flight, which launched from Texas. Subsequently, engineers loaded the vehicle onto a semi-submersible vessel for its journey to South Texas.Before loading Ship 40, engineers inspected the vehicle in calmer waters near the Australian territory. They also collected heat-shield samples and examined damage from the flight. Therefore, the findings will support design changes for later Starship vehicles.Ship 40 splashed down in the Indian Ocean on July 24 after launching from Texas. It became the first Starship upper stage to remain intact after a water landing. However, SpaceX had to use recovery vessels because the vehicle landed offshore.Starship Recovery Provides Flight DataRough seas initially complicated the recovery operation and delayed efforts to secure Ship 40. The recovery teams eventually guided the vehicle near Christmas Island on August 18. Afterward, engineers began detailed inspections before preparing the ship for transport.The recovery also gave SpaceX access to hardware that completed an actual spaceflight. Engineers examined the heat shield and other areas affected during atmospheric reentry. As a result, the company can use physical flight data when developing future Starship versions.SpaceX plans to avoid ocean recovery during regular Starship operations. Instead, the company wants future vehicles to return directly to Texas after completing missions. The long-term goal is to catch returning vehicles with launch tower equipment.SPCX Stock and Upcoming Starship TestSpaceX has reported more than $15 billion in Starship development spending. The company spent about $3 billion on the program during 2025, according to disclosed figures. Additionally, SpaceX reported $1.08 billion in second-quarter space segment research and development expenses.The next Starship flight test targets September as SpaceX continues development of the vehicle. However, the company expects the launch tower catch attempt to come several months later. The schedule therefore keeps the upcoming test focused on continued flight development.SPCX remains above its $135 IPO price and below its $225 all-time high. Meanwhile, Stocktwits showed bearish retail sentiment during the previous 24 hours, with low message volume. SpaceX continues developing Starship for rapid reuse, lunar missions, Mars plans, Starlink expansion, and orbital computing.The post SpaceX (SPCX) Stock: Gains as SpaceX Completes Ship 40 Recovery appeared first on Blockonomi.