SpaceX Valuation Surpasses $2 Trillion
Space Exploration Technologies (NASDAQ: SPCX) raised a total of $86 billion in its recent IPO, attributing to a valuation of $2 trillion. This positions SpaceX higher than industry heavyweights such as Meta Platforms and Tesla, despite not being part of the “Magnificent Seven,” which includes Apple, Nvidia, Alphabet, Microsoft, and Amazon.
However, as of now, SpaceX recorded $19 billion in trailing twelve-month sales, with a price-to-sales ratio of 77, contrasting sharply with the established firms. Analyst projections suggest $39 billion in sales for 2026, reflecting an 87% increase. While SpaceX’s Starlink business is profitable, the company reported a total net loss of over $4 billion in Q1 2026.
Since its addition to the Nasdaq-100 index on July 7, SpaceX’s stock has declined 25%, while the Nasdaq-100 fell 7%. Despite high investor interest and expectations for future growth, analysts remain cautious about the company’s ability to deliver sustainable profits in the coming years.
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