SPCX— Space Exploration Technologies Corp.
NasdaqGSIndustrials · Aerospace & Defense
Space Exploration Technologies Corp. (SPCX) stock trades at $123.99, down 5.43% on the day. With a market capitalization of $1.63 trillion, SPCX is a mega-cap industrials stock. It trades at a forward P/E of 137.3 and earnings per share (EPS) of $-0.67. Over the most recent period the company reported 15% year-over-year revenue growth and a net profit margin of -45.0%. Below you'll find SPCX's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
Space Exploration Technologies Corp. (SPCX) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
Space Exploration Technologies Corp. (SPCX) operates in the Aerospace & Defense space within the Industrials sector. With a market cap of $1.6T, it qualifies as a large-cap company. Revenue is expanding quickly, but the company has yet to translate that growth into consistent profits — a common risk in high-growth early-stage businesses.
- Revenue growth of 15% YoY shows solid business momentum
- Price is near its 52-week low — potential entry point with asymmetric upside
- Negative profit margin of -45.0% — company is currently unprofitable
- High debt-to-equity of 73.60× increases financial risk, especially with elevated interest rates
- No dividend history — total return depends entirely on price appreciation
Verdict
Caution
More risks than strengths. Consider waiting for fundamentals to improve before adding.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $123.99
Graham Number
√(22.5 × EPS × Book Value)
N/A
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
N/A
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
3/10
50% score
Pays dividends
No dividend history found
Dividend consistency (5Y+)
Uninterrupted dividend payments for at least 5 years
ROE above 10%
Return on equity — measures how efficiently capital is used
Positive profit margin
-45.0%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+15.4%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
73.60×Low financial leverage reduces risk of distress
Current ratio above 1
1.22×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$16.1B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
EPS (TTM)
$-0.67
P/E (TTM)
—
Fwd P/E
137.3
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
This stock does not pay dividends.
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About Space Exploration Technologies Corp.
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally. The company's Connectivity segment operates a high-speed, low-latency broadband network powered by various Starlink satellites in low-earth orbit, delivering connectivity to various consumer, enterprise, and government customers through its Starlink offering. Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. It offers launch services for the deployment of payloads to intended orbits for commercial and government customers utilizing Falcon 9 and Falcon Heavy; and launch and development for the development of spacecraft and the provision of launch and mission services for government agency space programs utilizing Falcon 9, Falcon Heavy, Starship, and Dragon. The company's AI segment operates a vertically integrated AI platform spanning a frontier LLM Grok; AI solutions for consumer and enterprise customers; X, a real-time information, entertainment, and free speech platform; and AI computational infrastructure. The company was founded in 2002 and is based in Starbase, Texas.
Sector
Industrials
Industry
Aerospace & Defense
Location
Starbase, United States
Employees
22,000
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SPCX — Frequently Asked Questions
Is Space Exploration Technologies Corp. (SPCX) a good stock to buy in 2026?
Space Exploration Technologies Corp. (SPCX) shows strengths such as revenue growth of 15%, while risks include negative profit margins and high leverage (debt/equity of 73.6). Whether SPCX is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is SPCX's stock price today?
Space Exploration Technologies Corp. (SPCX) trades at $123.99, down 5.43% on the session. Prices on this page update throughout the trading day.
Does SPCX pay a dividend?
No. Space Exploration Technologies Corp. (SPCX) does not currently pay a dividend, so the return comes entirely from share-price appreciation.
What is SPCX's market cap?
Space Exploration Technologies Corp. (SPCX) has a market capitalization of $1.63 trillion, classifying it as a mega-cap stock in the Industrials sector.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.