SpaceX Stock FAQ
Everything we cover on this site, in one place.
Is SpaceX publicly traded? What is its ticker symbol?
Yes. SpaceX trades on NASDAQ under the ticker SPCX. It priced its IPO at $135.00 per Class A share on June 11, 2026 and began trading on June 12, 2026.
What does SpaceX actually do?
SpaceX designs, manufactures and launches rockets and spacecraft (Falcon 9 and Starship), and operates Starlink, a satellite broadband network. Since its 2026 all-stock acquisition of xAI, it also owns the Grok model family and the X platform. See our business breakdown for the sourced detail on each segment.
Why did SpaceX acquire xAI?
In an all-stock deal Sacra dates to February 2026, SpaceX acquired xAI, folding in the Grok model family and the X platform alongside its existing launch and Starlink businesses. Sacra's independent research put xAI's valuation in that deal at roughly $250B.
Is SpaceX profitable?
Not yet on a trailing basis: SpaceX's net margin is -35.7%, with a trailing EPS of -1.05. That's typical for a company still funding Starship development and Starlink's build-out — see our financials page for the full margin picture.
What is SpaceX's market cap, and how is it calculated?
$1.76T. Unlike some trackers, we don't compute this as price × a single "shares outstanding" figure — SpaceX has two share classes (Class A and Class B) with different voting rights, and multiplying price by only the Class A count would understate the real total. See our market cap page for the full Class A/B breakdown, sourced to SpaceX's SEC Form 10-Q.
How much revenue does SpaceX make, and where does it come from?
SpaceX's trailing-twelve-month revenue is $23.04B, up +91.9% year over year. Starlink, launch services, and (since 2026) xAI's Grok/X business are the three segments — see our business breakdown for what each contributes.
Who controls SpaceX? What's the deal with Class A and Class B shares?
SpaceX has a dual-class structure: 7.70B Class A shares (1 vote each, the class that trades as SPCX) and 5.49B Class B shares (10 votes each). Class B holds roughly 87.7% of total voting power despite being a minority of total shares — SEC Form 10-Q, as of July 28, 2026. See our investors page for what that concentration means for buyers of Class A stock.
How does SpaceX compare to traditional aerospace & defense stocks?
Very differently on valuation. SpaceX trades at roughly 76.2× trailing revenue, versus roughly 2× for Boeing and under 2× for Lockheed Martin and Northrop Grumman (Alpha Vantage, 2026-08-12) — those three are also profitable today, while SpaceX isn't yet. Markets are pricing SpaceX closer to a hypergrowth tech company than a defense prime. Full numbers on our valuation page.
Who founded SpaceX, and when?
SpaceX was founded in 2002 by Elon Musk, who remains CEO. It's headquartered in Starbase, Texas.