LEO satellite sector - SpaceX successfully launches Starship V3 super heavy rocket

研报英文原文证据摘录

LEO satellite sector - SpaceX successfully launches Starship V3 super heavy rocket

Taiwan Equity | Technology

Event Analysis

Fubon Research LEO satellite sector

May 25, 2026

SpaceX successfully launches Starship V3 super heavy rocket

SpaceX successfully launches Starship V3 super heavy rocket, expected to accelerate

development of LEO industry, we adopt positive outlook on future performance of

related supply chain

1. SpaceX successfully launches Starship V3 super heavy rocket, achieving key

milestone.

2. Future commercial launch cost per kg for Starship expected to drop significantly to

below US$200.

3. We favor stocks such as Compeq (2313 TT) and Win Semi (3105 TT).

Source: Google SpaceX successfully launches Starship V3 super heavy rocket, achieving key milestone

On May 22, SpaceX successfully launched the third-generation upgraded ‘Starship V3’

super heavy rocket at the Starbase in Texas. The Starship V3 rocket is equipped with six

‘Raptor 3’ engines, three of which are optimized for operation in a vacuum environment;

although one engine shut down early during ascent to space, the remaining five engines

operated longer than originally planned to compensate for the early shutdown, ultimately

allowing the rocket to reach an acceptable suborbital trajectory and perform well in space.

The rocket released 22 Starlink network satellite simulators from the launcher, two of

which were equipped with cameras to transmit images of the Starship. This test flight not

only verified the full-range performance of the new generation engines, but although the

booster lost control and did not land in the Gulf of Mexico as planned, it still successfully

splashed down in the Indian Ocean, marking the achievement of a significant milestone

for this launch.