Space Exploration Technologies Corp. SPCX
Valuation ranks 7/100 — a strong mark against it.
Balance-sheet strength ranks 90/100 — a strong point in its favour. Momentum ranks 53/100 — a slight point in its favour.
Valuation ranks 7/100 — a strong mark against it. Quality ranks 24/100 — a strong mark against it. Growth ranks 40/100 — a slight mark against it.
What the company does Space Exploration Technologies Corp. (SPCX) operates three segments: Space (reusable rockets and launch services), Connectivity (Starlink broadband), and AI (frontier LLM Grok, X platform, and AI infrastructure). Its core business spans satellite broadband, space launch, and AI-driven platforms, with recent expansion into AI and real-time information services.
Key financials SPCX reports gross margins of 48.8% but negative operating (-41.6%) and net (-45.0%) margins, reflecting high R&D and scaling costs. Revenue grew 15.4% year-over-year, while EPS growth is flat at 0.0%. Leverage is moderate (Debt/Equity 0.74), but liquidity is tight (Current ratio 1.22).
Stock health Momentum is weak, with a -50.27% drawdown from the 52-week high and an RSI(14) of 35.40. The Sideravia Score ranks the stock in the 34.5th percentile overall, with poor quality (11.5) but stronger growth (50.7) and strength (54.4) metrics.
Price vs fair value The stock trades at a **discount of 110.98% versus the analyst 12-month target of 236.71** (analyst count 21.0). - High EV/EBITDA (793.18) and P/B (42.94) signal rich valuation (Valuation percentile 28.3/100). - Negative operating and net margins raise profitability concerns (Yahoo Finance Video). - Regulatory scrutiny on xAI’s turbines may delay AI infrastructure scaling (TechCrunch). - SpaceX’s first earnings disclosure is pending, creating uncertainty (Yahoo Finance Video).
Looking forward Investors await SpaceX’s earnings for clarity on profitability and growth trajectory. AI and Starlink expansion remain key drivers, but execution risks persist amid regulatory and scaling challenges. Analysts’ bullish 12-month target suggests potential upside if margins improve and revenue scales efficiently.
This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.
Data as of 2026-09-04, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.