EL7.AI
Stocks•9 June 2026•
1 min read

SpaceX Revenue Jumps 33% as $1.77 Trillion Valuation Faces Scrutiny

Key Facts

1SpaceX achieved a 33% revenue growth over the past year.
2The company's current valuation stands at $1.77 trillion, placing its price-to-sales multiple at very high levels.

Amid the growing dominance of mega-cap tech firms in global markets, SpaceX stands out as an exceptional player in the private space sector. According to reports, the company achieved a 33% revenue growth over the past year, reflecting a robust expansion of its operations. However, the company's current valuation stands at $1.77 trillion, placing its price-to-sales multiple at very high levels that spark debate over the sustainability of such a market value.

In comparison with public sector giants, SpaceX's forward price-to-sales multiple exceeds that of Nvidia, the current leader of the AI boom. Per market data, Nvidia’s market capitalization reached approximately $3 trillion with a forward P/S multiple lower than what SpaceX currently commands, despite Nvidia delivering net income growth exceeding 600% in recent quarters (per Nvidia 2024 earnings reports). Analysts note that SpaceX's valuation relies heavily on future projections for its Starlink satellite network.

Investors should monitor upcoming US economic data, particularly the ISM Non-Manufacturing PMI, as liquidity conditions and interest rates directly impact the valuations of high-growth firms and late-stage startups.