Space Exploration Technologies Corp. Class A Common Stock
SPCX · NASDAQ · Industrials / Aerospace & Defense
Close Sep 16, 2026 · end-of-day
Market Stats
Price History
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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.
Company Details
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Mr. Elon R. Musk
- Employees
- 21.00K
- Headquarters
- 1 Rocket Road, Starbase, TX, United States, 78521, USA
- Website
- https://www.spacex.com
Leadership
- Mr. Elon R. MuskFounder & CEO · b. 1971
- Ms. Gwynne E. ShotwellPresident & COO · b. 1964
- Mr. Bret W. JohnsenCFO & Secretary · b. 1969
- Mr. Michael SaganSenior Director of Legal
- Mr. Timothy R. HughesSenior VP of Global Business & Government Affairs
- Mr. Richard J. LeeTreasurer
Financials
Income Statement
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total Revenue | $18.67B | $14.02B | $10.39B |
| Cost of Revenue | $9.45B | $8.00B | $6.11B |
| Gross Profit | $9.22B | $6.02B | $4.28B |
| Operating Income | $-2.59B | $742.00M | $507.00M |
| EBITDA | $4.29B | $5.65B | $-663.00M |
| Net Income | $-4.94B | $791.00M | $-4.63B |
| R&D | $8.64B | $3.46B | $2.10B |
| Interest Expense | $1.95B | $1.58B | $1.69B |
Balance Sheet
| Line item | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total Assets | $92.08B | $57.06B |
| Total Liabilities | $50.75B | $31.26B |
| Total Equity | $41.33B | $25.80B |
| Cash | $24.75B | $11.38B |
| Total Debt | $22.90B | - |
| Net Debt | $-1.85B | $2.41B |
Cash Flow
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Cash Flow | $6.79B | $5.78B | $4.52B |
| Investing Cash Flow | $-19.57B | - | - |
| Financing Cash Flow | $26.35B | $11.83B | $422.00M |
| Capital Expenditure | $20.74B | $11.16B | $4.42B |
| Free Cash Flow | $-13.95B | $-5.39B | $105.00M |
Earnings
| Report Date | Nov 3, 2026 | Aug 4, 2026 |
|---|---|---|
| EPS Estimate | $0.09 | $-0.26 |
| EPS Actual | - | $-0.09 |
| Surprise | - | 65.38% |
| Timing | After-hours | After-hours |
Key Statistics & Ratios
- Market Cap
- $1.96T
- Enterprise Value
- $1.90T
- Trailing P/E
- 0.00
- Forward P/E
- 200.00
- Price / Sales
- 85.05
- Price / Book
- 15.37
- EPS
- $-1.1
- Book Value
- $9.66
- Revenue (TTM)
- $23.04B
- Gross Profit (TTM)
- $11.95B
- EBITDA
- $5.90B
- Profit Margin
- -35.66%
- Operating Margin
- -1.80%
- Return on Equity
- 0.00%
- Return on Assets
- 0.00%
- Shares Outstanding
- 7.70B
- Shares Float
- 4.34B
- Dividend Yield
- 0.00%
- Dividend Rate
- $0
- Payout Ratio
- 0.00%
Analyst Ratings
- Strong Buy23
- Buy6
- Hold5
- Strong Sell2
Ownership Breakdown
- Institutions
- 48.34%
- Insiders
- 12.73%
- Retail / Other
- 38.93%
Top Institutional Holders
- Alphabet Inc551.19M4.18%
- Valor Management LLC503.41M3.82%
- PUBLIC INVESTMENT FUND154.15M1.17%
- D1 Capital Partners L.P.126.04M0.96%
- NVIDIA Corp122.76M0.93%
- SC US (TTGP), LTD.122.52M0.93%
- Darsana Capital Partners LP101.46M0.77%
- Baillie Gifford & Co Limited.51.40M0.39%
- Ontario Teachers Pension Plan Board50.68M0.38%
- Atreides Management, LP27.33M0.21%
- Mirae Asset Global Investments (Korea) Co Ltd26.06M0.20%
- Founders Fund Growth II Management, LP22.84M0.17%
- Brookfield Corp19.17M0.15%
- Thrive Capital Management, LLC(NY)18.91M0.14%
- Coatue Management LLC18.56M0.14%
- Millennium Management LLC17.60M0.13%
Top Fund Holders
- Invesco QQQ Trust41.23M0.31%
- Scottish Mortgage Ord37.37M0.28%
- Baron Partners Retail36.94M0.28%
- Vanguard MStar Total Stk Mkt Idx Invest18.76M0.14%