
SpaceX won a $1.6 billion order from the U.S. Space Force on Wednesday to launch 18 Falcon 9 missions through 2027 carrying Pentagon satellites for detecting and targeting airborne objects, the military service said.
Space Exploration Technologies Corp. The company is headquartered in Starbase, Texas.
| Revenue (TTM) | $19.30B |
| Gross Profit (TTM) | $9.42B |
| EBITDA | $3.95B |
| Operating Margin | -41.60% |
| Return on Equity | 0.00% |
| Return on Assets | 0.00% |
| Revenue/Share (TTM) | $6.08 |
| Book Value | $5.96 |
| Price-to-Book | 43.90 |
| Price-to-Sales (TTM) | 77.47 |
| EV/Revenue | 79.27 |
| EV/EBITDA | 810.77 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 15.40% |
| Shares Outstanding | $7.57B |
| Float | $281.07M |
| % Insiders | 18.74% |
| % Institutions | 1.44% |

SpaceX won a $1.6 billion order from the U.S. Space Force on Wednesday to launch 18 Falcon 9 missions through 2027 carrying Pentagon satellites for detecting and targeting airborne objects, the military service said.

Morgan Stanley has reiterated its ‘Overweight' rating on SpaceX (NASDAQ: SPCX) and maintained a $300 stock price target ahead of the company's first earnings report as a public company.

Economist Peter Schiff has reaffirmed his view that the U.S. stock market is in the midst of an artificial intelligence-induced bubble, as Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) continues its downward trend.

Amidst the AI-induced boom and fears of a bubble, short-sellers identified an opportunity to bet against the rally. However, betting against Elon Musk-led commercial space flight giant Space Exploration Technologies Corp. (NASDAQ:SPCX) has turned out to be particularly profitable.

Elon Musk's X accused Australia of trying to give its internet regulator unfair information-gathering powers and undermining U.S. law with plans for tougher enforcement of a teen social media ban.

As SpaceX's stock has sold off, so have others in the space sector — but there are factors behind the broader sector weakness beyond pressure on its most high-profile player.

Bloomberg's Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk's company, as investors start to avoid riskier tech firms.

Subscribers to our Substack, The Contrarian Edge , received this commentary on Saturday, July 25.

Three days after SpaceX went public on June 12, 2026, Representative William Timmons IV picked up the phone and bought stock.

Shares of SpaceX touched new lows on Monday. Things weren't looking better earlier today—but that was before the bounce.
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