SPCXNASDAQ— Space Exploration Technologies Corp. Class A Common Stock Price & Analysis

Space Exploration Technologies Corp. Class A Common Stock

INDUSTRIALS — AEROSPACE & DEFENSE

$140.87

+$1.24+0.89%

Market Cap: $1.82T; Mega Cap
P/E Ratio: N/A
EPS (TTM): $-1.12
Div. Yield: N/A

Technical Summary

RSI (14)54.35Neutral

SMA (50)$138.57Bullish

MACD0.9021Bullish

Bollinger$109.45 – $156.32Mid

Stochastic66.39Neutral

Theo Outlook

SPCX presents a bearish thesis despite its massive $1.8184T market capitalization, as negative EPS of -$1.12 and a -35.7% profit margin highlight ongoing losses amid 91.9% quarterly revenue growth to $23.044B TTM. The stock trades without a meaningful P/E ratio due to unprofitability, underscoring challenges in scaling aerospace operations profitably. Key catalysts include Starship and Falcon launch cadence expansions, international market penetration in satellite services, and potential earnings momentum from NASA and commercial contracts, with gross profit TTM reaching $11.954B supporting operational leverage. Risks encompass regulatory hurdles in space licensing, intense competition from Blue Origin and international players, and macro headwinds like interest rate sensitivity on capital-intensive projects; mitigations involve diversified revenue streams and government partnerships to buffer volatility. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Aug 27, 2026.

Company Overview

Space Exploration Technologies Corp. The company is headquartered in Starbase, Texas.

Fundamental Snapshot

Revenue: $23.04B
EBITDA: $5.90B
Gross Profit: $11.95B
Operating Margin: -1.8%
Profit Margin: -35.7%
ROE: 0.0%
Book Value: $9.66
Beta: N/A
52-Wk High: $225.64
52-Wk Low: $104.83
Avg Volume: 54.72M
PEG Ratio: N/A

Frequently Asked Questions

What is SPCX's business model?

SPCX operates as Space Exploration Technologies Corp., focusing on aerospace and defense with launch services and satellite operations. It generates revenue primarily through NASA contracts, commercial satellite deployments, and Starlink subscriptions, reporting $23.044B TTM revenue.

What are SPCX's main revenue sources?

Primary revenue comes from launch services and satellite broadband via Starlink, contributing to $23.044B TTM revenue with 91.9% quarterly growth. Additional streams include government contracts and international expansions, though profitability remains pressured with -35.7% margins.

What competitive advantages does SPCX have?

SPCX benefits from reusable rocket technology and vertical integration in Starbase, TX, enabling cost leadership in launches. Its $1.8184T market cap and 47.7% institutional ownership reflect strong positioning against competitors, supported by $11.954B gross profit TTM.

What are the key risks for SPCX investors?

Key risks include regulatory delays in space operations, competition, and macro economic pressures, reflected in negative EPS of -$1.12 and lack of dividend yield. No ex-dividend date is listed, and shares outstanding stand at 7.696B.

What is SPCX's growth outlook?

Growth outlook centers on launch cadence and Starlink expansion, with 0.919 quarterly revenue growth and $216.33 analyst target price. Latest quarter ended 2026-06-30 shows momentum, though negative EPS signals need for margin improvement.