SpaceX (SPCX)
Telecommunications · Space launch and satellite communications
SpaceX launches satellites and spacecraft for global internet connectivity and space transportation, burning cash to build an orbital logistics backbone.
What SpaceX does
SpaceX designs and manufactures rockets and spacecraft for commercial, government, and national security missions. The company operates Starlink, a satellite constellation providing global broadband internet access. SpaceX also offers launch services for satellite deployment and cargo resupply, positioning itself as a critical infrastructure provider for space-based communications and transport.
Themes: ["satellite internet","space launch","reusable rockets","orbital infrastructure","government contracts","space transportation","global connectivity"]
Fundamentals
- Price$152.16 as of 2026-07-09 close
- Market cap$2.02T as of 2026-07-10
- 1-year return-5.5% as of 2026-07-09 close
- Net margin-26.4% as of 2026-07-10
- Gross margin+49.4% as of 2026-07-10
- ROE-11.9% as of 2026-07-10
- Debt / equity0.73 as of 2026-07-10
- Revenue growth (YoY)+15.4% as of 2026-07-10
- Beta7.46 as of 2026-07-10
Key risks (from latest filing)
["Heavy operating losses and negative net margin (-26.44%) with no clear path to profitability in near term despite 15.42% revenue growth","Intense capital requirements for satellite constellation expansion, rocket development, and manufacturing at scale without sustainable positive cash flow","Regulatory, licensing, and spectrum allocation risks for satellite communications in major markets; geopolitical tensions affecting government contract awards"]
Competitors & peers
- United Launch Alliance (ULA)
- Blue Origin
- Rocket Lab
- Relativity Space
- Axiom Space
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.