Space Exploration Technologies Corp. Class A Common Stock (SPCX · NASDAQ)
SPCX · MARKET VIEW
Market view · as of Sep 14, 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
45.9%
-25.1% vs 52w high · +7.0% 1mo
Price (last ~year)
Space Exploration Technologies Corp. (SPCX) reported a 91.9% year-over-year revenue increase to $23.04 billion, though elevated capital expenditures of $18.37 billion resulted in a negative free cash flow of $15.95 billion. Shares are trading at $151.21, down 25.1% over the last three months, as the market navigates a $1.99 trillion valuation and recent share lock-up expirations. The company recently accelerated its timeline for launching Nvidia-powered AI satellites to the fourth quarter of 2027.
Valuation
- Market cap
- $1.99T
- P/B
- 15.67
- P/S
- 86.5
- EV/EBITDA
- 511.62
- Analyst target
- $220.68
Quality & returns
- Gross margin
- 51.9%
- Operating margin
- -1.8%
- Profit margin
- -35.7%
- ROE
- 0.0%
- ROA
- 0.0%
Price movement
- Last
- $151.21
- 1-month
- +7.0%
- 3-month
- -25.1%
- RSI (14)
- 68
- vs SMA200
- +6.4%
- 52-wk position
- 45.9% -25.1% 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
- Neutral Certain Class B Common Stock of Space Exploration Technologies Corp. are subject to a Lock-Up Agreement Ending on 10-SEP-2026. · 2026-09-09
- 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
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)