Professional
Added to YB: 2026-09-23
Pitch date: 2026-06-30
SPCX [bullish]
Space Exploration Technologies Corp.
-13.52%
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
$2.1T
Pitch Price
$171.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
292.97
P/E
-67.23
EV/Sales
87.33
Sector
Diversified Telecommunication Services
Category
growth
Baron Focused Growth Fund Portfolio Holding: Space Exploration Technologies Corp.
SPCX (hold): SpaceX’s long-term growth thesis strengthened after its record IPO raised more than $85 billion, with proceeds expected to accelerate connectivity, launch, terrestrial and space infrastructure, and AI. Compute-hosting agreements with Anthropic and Google total tens of billions of dollars annually, while the announced Cursor acquisition expands its AI ambitions and the latest Starship test demonstrated progress toward rapid, full reusability.
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