Added to YB: 2026-08-10
Pitch date: 2026-08-06
SPCX [neutral]
Space Exploration Technologies Corp.
+15.78%
current return
Author Info
No bio for this author
Company Info
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally.
Market Cap
$1.5T
Pitch Price
$114.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
211.76
P/E
-50.59
EV/Sales
63.12
Sector
Diversified Telecommunication Services
Category
growth
SpaceX: A legitimate return to Earth?
SPCX (pass): 3 segments: Space (launch, 22% rev, cost infra not profit center), Starlink (12M users, 39% op margin, self-funds via 78% internal launches), AI/xAI (~$250B acq, COLOSSUS clusters). Key metrics: $180/kg orbit target by 2030, ~$25B/GW AI revenue. Musk targets $1T rev/30GW by 2030 (Bourseko sees early 2030s). Q2 beat, but at $115 = 115x 2026 P/E, no FCF til 2030, $800B-$1T capex needs. Risks: dilution, capital raises, launch accident. Prefers sidelines.
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