Here's the structure of the argument:
Stars generate light; planets only reflect it (
don't generate).
Besides stars, there are many other celestial objects in the galaxy that are not planets.
Conclusion: therefore,
some celestial objects generate light but aren't stars.
The hidden assumption is that these "other objects" (the non-stars that are also non-planets) must generate light. But why would that follow? The argument seems to reason: "planets are the things that don't generate light, so anything that isn't a planet must generate light." That only works if planets are the only non-light-generating objects.
If there are other celestial objects besides planets that also fail to generate light, then those leftover non-star, non-planet objects might all be non-light-generating too -->
and the conclusion collapses. The argument never rules this out, which is exactly what (E) points to.
Quick check on why the others fail:
(A) concerns reflecting light, which is irrelevant to whether the conclusion about generating light holds.
(B) the proportion of universe-wide objects has no bearing on the within-galaxy inference.
(C) other galaxies generating light doesn't affect a conclusion scoped to this galaxy.
(D) other star-vs-planet distinctions are beside the point; the argument turns solely on light generation.
So
(E) is the vulnerability.