Live coverage: SpaceX to launch a Starlink mission from Cape Canaveral as it begins publicly trading its stock on the Nasdaq for the first time

File: A Falcon 9 rocket stands in the launch position at Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station ahead of the planned liftoff of the Starlink 6-61 mission on Oct. 22, 2024. Image: Adam Bernstein/Spaceflight Now

SpaceX will mark its historic launch on the stock market Friday morning with a Falcon 9 rocket launch from Cape Canaveral Space Force Station in Florida.

This will be the 650th flight of SpaceX’s workhorse launcher to date and the 68th Falcon 9 launch so far in 2026. SpaceX will fly the Starlink 10-54 mission, which will send 29 Starlink V2 Mini Optimized satellites into low Earth orbit.

Liftoff from Space Launch Complex 40 is scheduled for 8:37 a.m. EDT (1237 UTC), which is less than an hour before the trading day on the Nasdaq Stock Market opens. The rocket will fly on a north-easterly trajectory upon leaving the pad.

Spaceflight Now will have live coverage beginning about an hour prior to liftoff.

The 45th Weather Squadron forecast an 80 percent chance for favorable liftoff at the opening of the window, which drops slightly down to 70 percent as the window progresses. Meteorologists are watching for interference from cumulus clouds.

SpaceX will fly the Starlink 10-54 mission using the Falcon 9 first stage booster with the tail number B1080. This will be its 27th flight to date after launching two crewed flights to the International Space Station for Axiom Space, two cargo missions to the ISS, and the European Space Agency’s Euclid observatory.

A little more than eight minutes after liftoff, B1080 will target a landing on the drone ship, ‘A Shortfall of Gravitas’, off the coast of South Carolina. If successful, this will be the 155th landing on this vessel and the 623rd booster landing to date for SpaceX.

This will be the 55th dedicated launch of Starlink satellites so far this year and the 56th overall mission featuring the spacecraft. SpaceX has more than 10,500 Starlink satellites in orbit.

Going public

The Starlink 10-54 mission marks a turning point for SpaceX as it becomes a publicly traded company more than 24 years after its founding in March 2002. It’s valuation is $1.77 trillion.

In its filings prior to the initial public offering, SpaceX announced that it would be selling 555.6 million shares of its Class A common stock at $135 each. That will allow the company to raise $75 billion.

The Starlink portion of SpaceX is a key driver of its business. In its financial disclosures to the U.S. Securities and Exchange Commission (SEC), SpaceX said its income from its connectivity business was about $2 billion in 2024 and $4.4 billion in 2025.

SpaceX’s first Starship Version 3 rocket takes off from Pad 2 at Starbase during the Flight 12 mission on May 22, 2026. Image: SpaceX

The company is betting on the future capabilities of its Starship-Super Heavy rocket to be able to launch not only its Starship V3 satellites, but also the AI1 satellites to help power the xAI side of SpaceX.

SpaceX also hopes Starship can help unlock currently non-existent markets, like point-to-point rocket travel on Earth, asteroid mining, and large-scale infrastructure on Mars.

The company completed its 12th Starship test flight in May and is working towards Flight 13 on a yet non-public launch date. It’s unclear exactly when the first orbital launch attempt of Starship will take place, but SpaceX has stated its intention to begin deploying Starlink V3 satellites in the back half of 2026.

“Starship is designed to enable a step-function change in our launch capability across reusability, payload capacity, and launch cadence, and is the key enabler of our long-term growth strategy by unlocking entirely new categories of missions,” SpaceX wrote in its prospectus document.

SpaceX said it spent about $3 billion in research and development on Starship in 2025 and $930 million in the first three months of 2026.