SpaceX (SPCX)

[winston]

not vested

SpaceX Is Already Pulling Back From Its High. History Says That Is Not a Good Sign

Trading at over 100 times trailing revenue while reporting a $4.9 billion net loss in 2025, SpaceX's valuation demands near-flawless execution.

SpaceX's accelerated lockup structure allows insider selling sooner than the traditional 180-day window, adding share-supply pressure to an already-stretched valuation.

SpaceX operates three major businesses:
1. Starlink satellite internet
2. Space launch services
3. Artificial intelligence operations acquired through xAI

Starlink generated $11.4 billion in revenue during 2025 and produced roughly $4.4 billion in operating income, making it the company's primary profit engine. Subscriber counts climbed from 2.3 million in 2023 to more than 10 million by early 2026.

Source: 24/7 Wall Street

https://finance.yahoo.com/markets/stock ... 51227.html

[winston]

not vested

Popular Stocks to Steer Clear Of

Although SpaceX is the new hotness on the market, I think it’s a stock investors should steer clear of.

The reality is quite simple: SpaceX doesn’t have the financials to justify a trillion-dollar market cap, let alone its current $2.1 trillion valuation.

In 2025, it generated $18.7 billion in revenue.

That indicates a price-to-sales ratio of 112. Generally, a stock trading at 20 to 30 times sales is viewed as overvalued. When one reaches 100 times sales, alarms should be sounding in investors’ heads.

Very few companies maintain valuations above 100 times sales for long, as stocks normally correct to more closely align with actual business results.

I think such a correction could be coming for SpaceX in the months ahead, as the combination of IPO hype and an extremely small public float was bound to boost the stock during its first trading days.

As lock-up periods expire in the weeks and months ahead and insiders are allowed to sell, the market will be flooded with more and more shares. That increased supply in the face of static demand could cause the stock to tumble.

SpaceX’s businesses may have a bright future ahead, but far too much of that hoped-for future is already baked into the stock price.

Source: Daily Trade Alert

[behappyalways]

SpaceX Builds A Regulatory Moat Around Its Starlink Empire
https://www.zerohedge.com/technology/sp ... ink-empire

[winston]

not vested

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Plans to launch a Starlink mobile service for US consumers

SpaceX already offers direct-to-cell connectivity with T-Mobile in the US, providing supplemental coverage from space to extend internet access to remote areas.

SpaceX is now considering launching a Starlink retail product and could build its own terrestrial US mobile network

SpaceX will disrupt the US$1.6 trillion US communications industry as its satellite broadband unit Starlink expands

SpaceX's record valuation is grounded in Starlink, which has over 10 million subscribers, and a launch business that analysts and investors say has transformed access to orbit.

Source: The Standard

https://www.thestandard.com.hk/innovati ... le/335708/

[behappyalways]

Musk's Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout
https://www.zerohedge.com/technology/mu ... ile-buyout

[winston]

noy vested

SpaceX set to join Nasdaq 100, paving way for wave of passive buying

SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7,

J.P. Morgan estimated that SpaceX's inclusion in the Nasdaq 100 could draw US$4.3 billion in passive inflows.

Source: The Standard

https://www.thestandard.com.hk/finance/article/335794/

[winston]

not vested

SpaceX Valuation Loses Altitude as AI Risks Mount

by Jeffrey Neal Johnson. Date Posted: 6/23/2026.

SpaceX's $60 billion all-stock acquisition of Anysphere causes 3.4% shareholder dilution while diverting capital from core orbital launch operations.

Starlink's average revenue per user compressed from $99 to $66 per month, undermining the primary source of SpaceX's positive free cash flow.

A microscopic 5% public float, rising Treasury yields and potential Tesla merger rumors, are compounding downward pressure on SpaceX's premium valuation.

Source: Market Beat

[behappyalways]

SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds
https://www.zerohedge.com/markets/space ... -its-bonds

[winston]

not vested

SpaceX Sets Results Release Date, Triggering First Major Share Lock-up Expiry

SpaceX shares rallied 3% on Tuesday, ending a seven-day losing streak.

The company announced the release date for its first earnings report, which will trigger the expiry of a large-scale share lock-up period.

Elon Musk's aerospace and defense contractor SpaceX announced on Monday that it will release its first post-listing results on August 4.

The date will also trigger the company's special lock-up arrangement, allowing insiders to sell shares earlier than the standard 180-day lock-up period.

SpaceX adopted a phased lock-up expiry arrangement, allowing insiders to sell portions of their holdings at different times to avoid massive sell-offs and share price volatility.

After the first results announcement, investors may sell up to 20% of eligible locked-up shares, involving as many as 911.5 million shares.

If the share price closes at least 30% above the IPO price on five out of the 10 trading days before the earnings release, an additional 10% of shares may be unlocked.

As of Monday's close, SpaceX shares lost nearly half from the intraday peak of USD225.64 on June 16 and were 43% below the record closing high of USD211.39 reached that day.

According to Forbes' real-time billionaires ranking, Musk's net worth exceeded USD1 trillion on June 12, while it stood at about USD786 billion as of Monday this week.

Source: AASTOCKS Financial News

https://www.aastocks.com/en/stocks/news ... -news/AAFN

[behappyalways]

SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater
https://www.zerohedge.com/markets/space ... nds-crater