Space Exploration Technologies Corp. Class A Common Stock
- Industry
- Space & Satellite Communications
- Exchange
- US
- Country
- USA
- IPO date
- Jun 12, 2026
- Employees
- 22,000
- Website
- www.spacex.com
Composite valuation range · conservative $20–$25 / fair $39–$53 / optimistic $70–$90. At $113.5, Above the optimistic ceiling · future growth overdrawn.
At publication $124.11 (Jul 21, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally. The company's Connectivity segment operates a high-speed, low-latency broadband network powered by various Starlink satellites in low-earth orbit, delivering connectivity to various consumer, enterprise, and government customers through its Starlink offering. Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. It offers launch services for the deployment of payloads to intended orbits for commercial and government customers utilizing Falcon 9 and Falcon Heavy; and launch and development for the development of spacecraft and the provision of launch and mission services for government agency space programs utilizing Falcon 9, Falcon Heavy, Starship, and Dragon. The company's AI segment operates a vertically integrated AI platform spanning a frontier LLM Grok; AI solutions for consumer and enterprise customers; X, a real-time information, entertainment, and free speech platform; and AI computational infrastructure. The company was founded in 2002 and is based in Starbase, Texas.
History
Space Exploration Technologies (SpaceX) was founded in 2002 to reduce the cost of space access and make humanity multiplanetary. It evolved from rockets to reusable launch and satellite constellations, winning a $1.6 billion NASA ISS resupply contract in 2008 and a $2.89 billion NASA lunar lander contract in 2021. As a private company it had no public stock; secondary valuations rose from roughly $150 billion at end-2023 to about $400 billion at end-2025. It merged with xAI at a $1.25 trillion valuation in February 2026 and filed an S-1 on May 20, 2026 covering three segments—Space, Connectivity and AI—targeting roughly $1.75 trillion.
Industry position
SpaceX is the leading commercial space and satellite-connectivity operator, with no directly comparable company because it spans launch, crewed flight, satellite internet, national-security work and AI. As of end-March 2026 it had completed about 620 orbital launches at over 99% mission success and operated roughly 9,600–10,000 satellites; its Starlink network served about 10.3 million users across 164 countries. Falcon 9 carried 69% of all small satellites launched globally in 2020–2024. Its advantages stem from reusability, vertical integration, network scale and deep government ties with NASA and the U.S. Space Force.