{"id":72328,"date":"2026-09-28T09:39:31","date_gmt":"2026-09-28T13:39:31","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/"},"modified":"2026-09-28T09:39:31","modified_gmt":"2026-09-28T13:39:31","slug":"market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/","title":{"rendered":"Market Update: Starship Reaches Orbit, Trump Overhauls Fuel Standards, and Meta Targets Enterprise AI"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Aerospace_Starship_Achieves_Orbital_Milestone\" >Aerospace: Starship Achieves Orbital Milestone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Policy_Trump_Resets_Auto_Standards_and_Targets_Steel\" >Policy: Trump Resets Auto Standards and Targets Steel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Technology_Meta_Pivots_to_Enterprise_AI\" >Technology: Meta Pivots to Enterprise AI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Finance_S_P_500_Earnings_and_Global_Trade\" >Finance: S&amp;P 500 Earnings and Global Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-starship-reaches-orbit-trump-overhauls-fuel-standards-and-meta-targets-enterprise-ai\/72328\/#Crypto_Senate_Scrutiny_of_Tether\" >Crypto: Senate Scrutiny of Tether<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong> successfully launched <strong>Starship<\/strong> into its first-ever orbital trajectory, a landmark achievement for the program despite one engine failing during the ascent.<\/li>\n<li>The <strong>Trump Administration<\/strong> officially finalized the &quot;Freedom Means Affordable Cars&quot; initiative, reversing Biden-era EV mandates and ending <strong>fuel economy credit trading<\/strong> starting in 2028.<\/li>\n<li><strong>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>)<\/strong> CEO Mark Zuckerberg unveiled the <strong>Meta Enterprise Platform<\/strong>, a major new business pillar designed to provide AI tools and software to corporate clients.<\/li>\n<li><strong>Shein<\/strong> reported a massive surge in profitability for the first half of 2026, with net income reaching <strong>$2.30 billion<\/strong>, more than doubling the $1.09 billion recorded a year prior.<\/li>\n<li>A <strong>U.S. Senate investigation<\/strong> alleged that <strong>84%<\/strong> of sanctioned Iran-linked cryptocurrency wallets have utilized <strong>Tether (USDT)<\/strong> to bypass international financial restrictions.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Aerospace_Starship_Achieves_Orbital_Milestone\"><\/span>Aerospace: Starship Achieves Orbital Milestone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong> reached a historic milestone on Monday as its <strong>Starship<\/strong> rocket successfully entered Earth&#39;s orbit for the first time. During the Flight 14 test, mission control gave the &quot;go-ahead&quot; to continue the orbital attempt even after one of the Raptor engines went out during the climb. The mission, which launched from Starbase, Texas, is expected to last up to 10 hours and include the deployment of <strong>26 upgraded Starlink V3 satellites<\/strong>, marking Starship&#39;s transition from a purely developmental vehicle to an operational heavy-lift platform.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Policy_Trump_Resets_Auto_Standards_and_Targets_Steel\"><\/span>Policy: Trump Resets Auto Standards and Targets Steel<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Trump Administration<\/strong> moved to dismantle existing electric vehicle (EV) incentives by ending the <strong>Corporate Average Fuel Economy (CAFE) credit trading program<\/strong> effective in 2028. Transportation Secretary Sean Duffy stated the move aims to &quot;restore fairness&quot; by stopping the artificial propping up of the EV industry at the expense of traditional internal combustion manufacturers. Simultaneously, President Trump is expected to unveil a <strong>$15 billion steel project<\/strong> in Iowa, led by Minnesota-based Mesabi Meta, as part of a broader push to revitalize domestic manufacturing ahead of the midterm elections.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technology_Meta_Pivots_to_Enterprise_AI\"><\/span>Technology: Meta Pivots to Enterprise AI<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>)<\/strong> is launching a direct challenge to enterprise software giants with its new <strong>Meta Enterprise Platform<\/strong>. CEO Mark Zuckerberg announced that the platform will leverage the company&#39;s <strong>Muse AI agent<\/strong> and large-scale infrastructure to help businesses transform their operations. To lead this new &quot;major pillar,&quot; Meta has hired former <strong>MongoDB (<a href=\"\/stock\/MDB\">MDB<\/a>)<\/strong> CEO CJ Desai, signaling a serious commitment to monetizing its massive AI research investments through corporate subscriptions and developer tools.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Finance_S_P_500_Earnings_and_Global_Trade\"><\/span>Finance: S&amp;P 500 Earnings and Global Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Market analysts note that the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/SPY\">SPY<\/a>)<\/strong> is currently pricing in <strong>15% to 20% earnings growth<\/strong> for next year, far exceeding the 7% historical average. This optimism is driven by <strong>AI integration<\/strong> and expectations of further <strong>Trump-led deregulation<\/strong>, though experts warn that the credit market remains a potential breaking point if growth stalls. On the international front, <strong>India&#39;s Trade Minister Piyush Goyal<\/strong> is scheduled to visit the U.S. starting September 29 for G20 trade talks, while Brazilian markets remain on edge as a new <strong>Quaest poll<\/strong> shows President Lula leading Senator Fl\u00e1vio Bolsonaro <strong>39% to 34%<\/strong> ahead of the first-round vote.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Crypto_Senate_Scrutiny_of_Tether\"><\/span>Crypto: Senate Scrutiny of Tether<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A <strong>U.S. Senate Permanent Subcommittee on Investigations<\/strong> report has cast a shadow over the stablecoin market, finding &quot;rampant use&quot; of <strong>Tether (USDT)<\/strong> by the Iranian regime. The investigation claims that the majority of sanctioned wallets linked to Iran processed transactions in USDT to fund regional proxies. While <strong>Tether<\/strong> maintains it has frozen over <strong>$550 million<\/strong> in Iran-linked assets during 2026, lawmakers are calling for stricter compliance measures to prevent digital assets from being used as a shadow banking system for sanctioned states.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SpaceX (SPCX) successfully launched Starship into its first-ever orbital trajectory, a landmark achievement for the program despite one 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