Space Exploration Technologies Corp. Class A Common Stock (SPCX · NASDAQ)
SPCX · MARKET VIEW
Market view · as of Aug 31, 2026
Revenue (TTM)
$23.04B
+91.9% YoY
Gross margin
51.9%
EPS (latest q)
$-0.09
vs $-0.26 est · beat
52-wk position
35.5%
-29.9% vs 52w high · +30.6% 1mo
Price (last ~year)
Space Exploration Technologies Corp. (SPCX) is navigating a transition period following the August 20, 2026, expiration of a lock-up agreement involving 319 million shares. While the company reported $23.04 billion in TTM revenue—a 91.9% year-over-year increase—it continues to prioritize heavy investment, with $18.37 billion in recent capital expenditures driving negative free cash flow of $15.95 billion. Amid these capital-intensive operations, the company recently accelerated its timeline for Nvidia-powered AI satellite launches to Q4 2027, supporting a $1.87 trillion market capitalization.
Valuation
- Market cap
- $1.87T
- P/B
- 14.6
- P/S
- 80.9
- EV/EBITDA
- 475.55
- Analyst target
- $219.22
Quality & returns
- Gross margin
- 51.9%
- Operating margin
- -1.8%
- Profit margin
- -35.7%
- ROE
- 0.0%
- ROA
- 0.0%
Price movement
- Last
- $141.50
- 1-month
- +30.6%
- 3-month
- 0.0%
- RSI (14)
- 53
- vs SMA200
- +0.2%
- 52-wk position
- 35.5% -29.9% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $7.81B | $-143.0M | $-541.0M | $111.0M |
| 2026-03-31 | $4.69B | $-1.94B | $-4.28B | $2.38B |
| 2025-06-30 | $4.07B | $-775.0M | $-1.01B | $0 |
| 2025-03-31 | $4.07B | $55.0M | $-528.0M | $0 |
Recent news
- Bullish SpaceX targets Q4 2027 launch for Nvidia-powered AI satellites · 2026-08-25
- Neutral Certain Class A Common Stock of Space Exploration Technologies Corp. are subject to a Lock-Up Agreement Ending on 20-AUG-2026. · 2026-08-19
- Somewhat-Bearish SpaceX Shares Drop 2.6% Amid 319 Million-Share Unlock in Thin Cash Market · 2026-08-19
- Neutral This Brilliant Tech Investor Just Bought SpaceX, Micron, Cerebras and Some Other Semiconductor Names · 2026-08-19
- Neutral Can You Identify Winning Stocks in Advance? · 2026-08-19
- Somewhat-Bullish SpaceX Stock Is Everywhere: Google, Nvidia, AMD, Harvard Disclose Stakes · 2026-08-18
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)