SpaceX Stock FAQ

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. Any broker that carries NASDAQ-listed stocks can buy it, with no accredited-investor requirement.

Three things, which it reports as three segments. Space designs, manufactures and launches reusable rockets. Connectivity operates Starlink, a low Earth orbit broadband network. AI covers the Grok model family, the X platform and the compute infrastructure behind them. Connectivity is the largest at 54.9% of quarterly revenue. Our business breakdown covers each in detail.

In the quarter ended June 30, 2026, SpaceX reported $7.81B of revenue: $4.29B from Connectivity, $2.56B from AI and $962.00M from Space. Connectivity was the only one of the three earning an operating profit. These are filed figures from the segment note of SpaceX's quarterly report, not estimates.

SpaceX completed its acquisition of X.AI Holdings Corp. on February 2, 2026, in an all-stock share exchange reportedly valuing xAI at around $250 billion. X arrived with it: xAI had itself acquired X Holdings Corp. in March 2025, and X was what Twitter became after Elon Musk took it private in October 2022 and merged it into X Corp. in April 2023. SpaceX's own quarterly report sets out that chain, treating each step as a merger between entities under common control. Our business page has the full history.

Not on a trailing basis. SpaceX's net margin is -35.7%, with a trailing EPS of -1.10. The segment detail explains why: Starlink earns an operating profit, and the launch and AI segments spend more than they bring in, with capital expenditure of $28.48B in the first half of 2026 against $12.51B of revenue. See our financials page for the full picture.

No. SpaceX has never declared a dividend on its common stock, from the company's founding through its most recent quarterly report. It is loss-making and spending heavily on satellites, Starship and AI infrastructure, so any return on SPCX has to come from the share price rather than income.

$1.96T. We do not compute it as price multiplied by a single "shares outstanding" figure, the way many trackers do. SpaceX has two outstanding share classes with different voting rights, and the shares-outstanding figure most data providers publish counts only Class A, so multiplying it by the share price understates the company by hundreds of billions. Our market cap page shows the full Class A and Class B breakdown, sourced to SpaceX's Form 10-Q.

SpaceX's trailing-twelve-month revenue is $23.04B, up +91.9% year over year. It also reported $47.46B of contracted work not yet performed at the end of June 2026, about 56.0% of which it expects to recognise as revenue within a year.

SpaceX has a dual-class structure: 7.70B Class A shares with one vote each, which is the class that trades as SPCX, and 5.49B Class B shares with 10 votes each, held by insiders. Class B holds roughly 87.7% of the total vote on a minority of the shares. Elon Musk reports beneficial ownership of 48.4% of Class A on an as-converted basis, most of it Class B. Share counts are as of July 28, 2026, per SpaceX's Form 10-Q. Our investors page covers what that concentration means for a Class A buyer.

Very differently on valuation. SpaceX trades at roughly 85.0 times trailing revenue, against roughly two times for Boeing and under two times for Lockheed Martin and Northrop Grumman. Those three are profitable today and grow slowly; SpaceX grew revenue by more than 90% year over year and is loss-making. Full numbers on our valuation page.

SpaceX was founded on March 14, 2002 in El Segundo, California by Elon Musk, who is still chief executive. Its principal executive offices are now at 1 Rocket Road, Starbase, Texas.