Last trading day of the previous week, all three space stocks closed up, but the relative strength was still very clear.
SPCX closed at $158.96, up 7.35%; RKLB closed at $73.91, up 4.90%; ASTS closed at $58.45, up 2.47%. In the morning, SPCX and RKLB led the pack. By the close, ASTS also turned green, but the real money was still chasing the main theme of “catalysts + volume.”
On Friday, the broader market also provided ample backdrop. The September nonfarm payrolls added only 29,000 jobs, well below expectations. The market’s expectation for another rate hike in October cooled quickly. In the end, the Nasdaq rose 1.19%, the S&P 0.73%, and the Dow 0.49%. The 10-year Treasury yield stayed around the 5.2% high level—high rates haven’t gone away—but the “fewer hikes” expectation first lifted growth-stock sentiment.
SPCX was the strongest performer, hitting a high of $159.84, with about 119 million shares traded—clearly higher than the 69.09 million shares on the prior day. It closed above the 5-, 10-, 20-, and 50-day moving averages. Earlier, within 13 hours, SpaceX completed a three-launch sequence: Crew-13, Transporter-18, and Falcon Heavy. On top of that, Starship’s first true Earth-orbit insertion and deployment of 26 Starlink V3 satellites finally made the market “price” launch capability—turning it into real capital.
MACD stays positive, and short-term momentum is repairing. 154–156 should hold as support; 159.8–161 will be the breakout zone.
RKLB is the classic “order fulfillment” story. High was $76.08, with about 26.69 million shares traded, closing at $73.91. The 20 Electron contract has pushed backlog tasks to 100+ flights, and the stock has moved back above the 5-, 10-, 20-, and 50-day moving averages, with MACD strengthening. In plain terms: it’s not just telling rocket stories—orders, execution timelines, and capital are all confirming together. 71–72 should hold as support, while 75.5–76.1 is the first major resistance.
ASTS rose 2.47%, but its technical structure is still the weakest. High was 59.53, low was 55.47, with about 14.94 million shares traded. B. Riley downgraded its rating to Neutral and cut the target price from $85 to $65, but it still managed to close up—suggesting there is capital stepping in around 55–56. However, the close remained below multiple moving averages, and MACD is still below the zero line. With 59.5–60.5 not regained yet, it looks more like a rebound rather than a trend turning stronger.
So on Friday, the real main theme wasn’t “space stocks rallying collectively,” but rather that capital began to price in execution capability. In the next trading day, if SPCX holds 154–156, and RKLB holds 71–72, then the strong momentum still has continuation conditions. As for ASTS, it needs to first reclaim 59.5–60.5.
Because the market is closed over the weekend, there will be some impact on the continuity of funds and sentiment. So the行情 at the start of next week is even more important—let’s see who can ride the momentum higher.
October 9 (next Friday) SPCX faces a lock-up of 328.4 million shares, which will certainly constrain the stock’s near-term performance to some extent. But in the long run, I remain firmly bullish on SPCX and still believe in the judgment that “every adjustment is an opportunity to build positions in batches at low prices.”
