NASA has awarded SpaceX three additional crew missions worth $946 million, expanding the company's contracted program to 17 flights, even as SpaceX shares closed 1% lower on Friday.

Shares of Space Exploration Technologies Corp. (SPCX) finished Friday's session at $152.71, down 1.36%, after trading in a range of $149.93 to $156.60. Even with the dip, the stock remains well above its 2026 low of $104.83.

The pullback came even as NASA awarded SpaceX three additional astronaut missions under its Commercial Crew program, a contract modification worth $946 million. NASA said the new missions are Crew-15, Crew-16 and Crew-17. With the award, SpaceX's total number of contracted missions under the program rises to 17 flights to the International Space Station.

$SPCX WINS $946M NASA AWARD FOR THREE MORE CREW MISSIONS

NASA awarded SpaceX three additional astronaut flights to the International Space Station covering Crew-15, Crew-16 and Crew-17.

The missions will run through 2030 and include launch, in-orbit operations, return,….twitter.com/9MZHQyscTX

— Wall St Engine (@wallstengine) September 18, 2026

The new work covers ground operations, launch, in-orbit services, return and recovery, cargo transportation and emergency lifeboat capability. The lifeboat capability covers Crew Dragon's role as an emergency return craft for astronauts aboard the station. NASA said the contract now carries a total value of $5.92 billion.

NASA's Commercial Crew program was developed to restore domestic crew launch capability following the retirement of the Space Shuttle. SpaceX was first certified by NASA for crew transportation in November 2020 and flies astronauts aboard its Crew Dragon spacecraft. The NASA missions therefore relate to SpaceX's established Crew Dragon operations, while the next scheduled event described below involves the separate Starship launch system.

NASA Deal Adds to SpaceX Backlog

The contract runs through 2030, with mission readiness dates scheduled for 2027 and 2028, adding further work to SpaceX's government backlog.

The latest award arrives after SpaceX reported $7.81 billion in second-quarter revenue, an increase of 91.9% from the same quarter a year earlier, according to MarketBeat. The company posted a quarterly loss of $0.09 per stock unit, compared with the consensus estimate for a $0.26 loss, and remains unprofitable on an EPS basis.

Institutional interest has also continued. Corient Private Wealth disclosed a new position worth about $5.09 million after purchasing 29,814 SpaceX stock units during the second quarter, according to a MarketBeat filing alert.

MarketBeat lists 26 Buy ratings, eight Hold ratings and seven Sell ratings for SpaceX. Its reported consensus price target is $221.42, around 45% above Friday's closing price.

Starship Flight Becomes the Next Focus

The next major event on the calendar is Starship Flight 14. SpaceX moved the planned launch from Sept. 22 to Sept. 28, with the flight still subject to regulatory approval. The mission is expected to attempt the first orbital flight of Starship, SpaceX's next-generation launch system, with plans calling for roughly six Earth orbits during a mission lasting close to 10 hours.

SpaceX also plans to deploy 26 Starlink V3 satellites during the flight, with each satellite designed to provide one terabit per second of network capacity for the company's satellite internet constellation. The six-day delay weighed on SPCX during Friday trading, and the company has not publicly provided a reason for moving the launch date.

From a technical perspective, Invezz identified an ascending triangle on the two-hour chart. The publication also noted that SPCX remained above its 50-period moving average and identified $200 as a possible breakout level. SPCX has climbed from around $104.60 in August to above $150, and its 50-day moving average currently sits near $134.69, according to MarketBeat.

For now, the Sept. 28 Starship launch is the closest scheduled event for investors to track, and SpaceX says the mission remains dependent on regulatory approval. The expanded NASA award keeps the company's Commercial Crew work under contract through the end of the decade.