SpaceX Hits $155 as 92% Revenue Growth Clashes with $541M Quarterly Loss

Key Facts

1SpaceX reported 92% revenue growth alongside a $541 million quarterly loss.

2The stock is trading at $155, which is 43% below analyst price targets.

Amid the rapid expansion of the commercial space sector, SpaceX's latest results highlight the tension between massive operational growth and high capital demands. The company reported a 92% surge in revenue, yet this performance was coupled with a quarterly loss of $541 million. According to reports, the market is currently weighing strong sales momentum against a significant valuation gap, as the stock trades at $155, roughly 43% below consensus analyst price targets.

Financial data reveals pressure from Starship R&D and acquisition costs, with capital expenditure hitting $18.37 billion in a single quarter. Despite the losses, forward EPS estimates for 2027 have seen upward revisions, supported by a cash reserve of $93.52 billion. Per market data, the stock has declined 3.81% since its post-IPO peak in June, a period during which the S&P 500 delivered flat-to-positive returns.

SPCX shares closed at $154.81 (close September 17, 2026), after reaching a day high of $156.87. Investors are closely watching the scheduled closing of the Cursor acquisition in Q3 2026 as a primary catalyst for the next move. Additionally, upcoming Q3 earnings will be a critical pivot point as the market monitors whether revenue tracks toward the $12.84 billion consensus target.