Space Exploration Technologies Corp. SPCX R3KAIDEFENCE
Company Overview
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally. It operates through three operating segments: Space, Connectivity, and AI. The Space segment designs, manufactures, and launches reusable rockets to provide access to space. It also provides launch services for the deployment of payloads to intended orbits for commercial and government customers utilizing Falcon 9 and Falcon Heavy; and engages in the 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. Its company's Connectivity segment operates broadband data and communications network by various Starlink satellites in low-earth orbit, delivering connectivity to various consumers, enterprise, and government customers. 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. Space Exploration Technologies Corp. was incorporated in 2002 and is based in Starbase, Texas.
Why Investors Should Care
Revenue has grown at a 34.1% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.31.
Recent Developments
- Dec 2025 Revenue of $18.67B (+33.2% YoY); net profit $-4.94B.
- Trailing 12 Months Year-on-year growth — revenue +91.9%, earnings -724.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 34.1%, profit CAGR -3.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 34.08% |
| 1 Year: | 91.90% |
Compounded Profit Growth
| 5 Years: | -3.34% |
| 1 Year: | -724.15% |
Stock Price Performance
| 1 Year: | -4.65% |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | +15.30% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Operates a dedicated AI segment alongside Starlink satellite connectivity — orbital and ground AI data-centre compute plus AI-optimized routing across its low-earth-orbit network.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 34.1% over 5 years.
CONS
- Earnings shrank at -3.3% CAGR over 5 years.
- Trading 27.4% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 2 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 3 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 4 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 5 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 6 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 7 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 8 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
| 9 | ETN Eaton Corporation plc SPXR3KAI | 422.13 | 42.90 | $163.91B | 1.07% | 11.53% | 19.68% | 4.73% | 10.38% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 4.07B | 4.07B | 4.69B | 7.81B |
| Cost of Revenue | 1.96B | 2.28B | 2.39B | 3.50B |
| Gross Profit | 2.10B | 1.79B | 2.31B | 4.32B |
| Operating Expenses | 2.05B | 2.56B | 4.26B | 4.46B |
| Operating Income | 55.00M | -775.00M | -1.95B | -141.00M |
| EBITDA | 1.38B | 1.07B | -1.16B | 2.96B |
| Interest Expense | 447.00M | 411.00M | 664.00M | 629.00M |
| Pretax Income | -514.00M | -870.00M | -4.27B | -518.00M |
| Tax Provision | 14.00M | 138.00M | 6.00M | 23.00M |
| Net Income | -528.00M | -1.01B | -4.28B | -541.00M |
| Diluted EPS | -0.05 | -0.34 | -0.41 | -0.09 |
| R&D Expense | - | 1.96B | - | 3.55B |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Revenue | 10.39B | 14.02B | 18.67B |
| Cost of Revenue | 6.11B | 8.00B | 9.45B |
| Gross Profit | 4.28B | 6.02B | 9.22B |
| Operating Expenses | 3.77B | 5.28B | 11.29B |
| Operating Income | 507.00M | 742.00M | -2.06B |
| EBITDA | -663.00M | 5.65B | 4.43B |
| Interest Expense | 1.69B | 1.58B | 1.95B |
| Pretax Income | -4.99B | 242.00M | -4.22B |
| Tax Provision | -363.00M | -549.00M | 718.00M |
| Net Income | -4.63B | 791.00M | -4.94B |
| Diluted EPS | -0.44 | 0.00 | -0.51 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2024 | Dec 2025 |
|---|---|---|
| Total Assets | 57.06B | 92.08B |
| Current Assets | 16.11B | 30.95B |
| Cash & Equivalents | 11.38B | 24.75B |
| Inventory | 2.00B | 2.42B |
| Receivables | 1.05B | 1.58B |
| Total Liabilities | 31.26B | 50.75B |
| Current Liabilities | 11.79B | 21.40B |
| Long Term Debt | 13.42B | 21.97B |
| Total Debt | 14.18B | 23.32B |
| Total Equity | 25.80B | 41.33B |
| Shares Outstanding | 13.08B | 13.08B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating Cash Flow | 4.52B | 5.78B | 6.79B |
| Investing Cash Flow | -4.87B | -10.80B | -19.57B |
| Financing Cash Flow | 422.00M | 11.83B | 26.35B |
| Capital Expenditure | -4.42B | -11.16B | -20.91B |
| Free Cash Flow | 105.00M | -5.39B | -14.12B |
| Net Change in Cash | 75.00M | 6.81B | 13.56B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Gross Margin % | 41.2% | 42.9% | 49.4% |
| Operating Margin % | 4.9% | 5.3% | -11.1% |
| Net Margin % | -44.6% | 5.6% | -26.4% |
| ROE % | - | 3.1% | -11.9% |
| ROCE % | - | 1.6% | -2.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Alphabet Inc. | 7.47% | 551.19M | $84.17B |
| 2 | Valor Management LLC | 6.82% | 503.41M | $76.88B |
| 3 | FMR, LLC | 4.10% | 302.56M | $46.20B |
| 4 | Vy Capital Management Co. Ltd. | 3.68% | 271.81M | $41.51B |
| 5 | Gigafund Management Company, LLC | 2.33% | 171.83M | $26.24B |
| 6 | Public Investment Fund | 2.09% | 154.15M | $23.54B |
| 7 | BAMCO Inc. | 1.98% | 145.78M | $22.26B |
| 8 | D1 Capital Partners, LP | 1.71% | 126.04M | $19.25B |
| 9 | Nvidia Corp | 1.66% | 122.76M | $18.75B |
| 10 | Sc Us (ttgp), Ltd. | 1.66% | 122.52M | $18.71B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SPCX
What SpaceX CEO Elon Musk needs to do to launch the stock into the stratosphere - finance.yahoo.com
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SpaceX is a buy as the rocket company can solve one major bottleneck, says Pivotal Research - CNBC
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SpaceX’s $2 Trillion Valuation Hinges On Solving One ‘Massive Engineering Bottleneck,’ Pivotal Research Says - Stocktwits
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SpaceX could draw $15.5B in buying after Nasdaq 100 rebalance (SPCX:NASDAQ) - Seeking Alpha
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SpaceX (NASDAQ:SPCX) Stock Price Up 3.7% - Still a Buy? - marketbeat.com
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SpaceX Stock Price Forecast: Nasdaq 100 Rebalancing May Trigger $12.4 Billion Passive Buying, Shares Could Rise to $161 - TradingKey
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SPCX — Frequently Asked Questions
What is the current share price of Space Exploration Technologies Corp. (SPCX)?
As of 2026-09-19 21:16 PDT, Space Exploration Technologies Corp. (SPCX) trades at $153.47 on NasdaqGS. Its 52-week range is $108.27 to $211.39.
What is the market capitalisation of SPCX?
Space Exploration Technologies Corp. (SPCX) has a market capitalisation of $1.16T on NasdaqGS.
What is the P/E ratio of SPCX?
SPCX trades at a trailing price-to-earnings (P/E) ratio of -139.52. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 15.82.
What is the return on equity (ROE) of SPCX?
SPCX has a return on equity (ROE) of -11.95%. Its return on capital employed (ROCE) is -3.22%.
Is SPCX a good stock to buy?
This page provides a data-driven analysis of Space Exploration Technologies Corp. (SPCX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.