SPCX Extends Post-IPO Rally As SpaceX Deploys 3 Bluebird Satellites

SpaceX confirmed the deployment of three Bluebird satellites on Jun. 17, adding another operational milestone as SPCX shares rose before the market opened.

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SpaceX Launch

SpaceX said on X that the Bluebird 8-10 mission had completed deployment after liftoff from Florida, confirming that all three satellites reached their intended stage of the mission.

The Falcon 9 rocket launched at 2:39 a.m. ET from Space Launch Complex 40 at Cape Canaveral Space Force Station on Jun. 17, carrying satellites for AST SpaceMobile and its planned space-based cellular broadband network. The mission came days after SpaceX went public on Jun. 12 and after the company filed with the SEC to use its X account as an official channel for regular disclosures.

The company also logged another reuse milestone. The Falcon 9 first-stage booster flew for the 29th time after supporting earlier missions including Crew-5, GPS III Space Vehicle 06, Inmarsat I6-F2, CRS-28, NG-20, TD7 and Starlink flights.

After stage separation, the booster landed on the A Shortfall of Gravitas droneship in the Atlantic Ocean. SpaceX recovered it for future missions.

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SPCX Stock

SPCX rose to $207.81 in pre-market trading Wednesday, up 2.98%, after investors responded to the satellite deployment and continued buying into the company’s post-IPO momentum.

The stock had closed at $201.80 on Tuesday, up 4.83%, after trading between $195.13 and $225.64 during the session. At its intraday high, the rally briefly pushed SpaceX’s valuation beyond Amazon and Microsoft, before the stock gave back part of the move.

The move also extended the wealth surge for Elon Musk, whose net worth reportedly moved past $1.4 trillion as SpaceX shares rallied after the IPO. That figure was described as larger than the market value of Bitcoin (BTC), underscoring how sharply the company’s public-market debut has changed Musk’s paper wealth.

SpaceX’s latest mission fits into a broader pattern that has supported investor attention since the listing. The company has paired high-profile market gains with frequent launch activity, while reusable Falcon 9 boosters remain central to its cost and cadence strategy.

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