Added to YB: 2026-06-30
Pitch date: 2026-06-26
SPCX [bullish]
Space Exploration Technologies Corp.
+4.26%
current return
Author Info
Equity research team focused on tech stocks (with special interest in cybersecurity and cloud). Sign up for their newsletter.
Company Info
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally.
Market Cap
$2.0T
Pitch Price
$157.35
Price Target
1.5K (+834%)
Dividend
N/A
EV/EBITDA
420.23
P/E
-52.04
EV/Sales
105.31
Sector
Diversified Telecommunication Services
Category
growth
SpaceX and the Orbital AI Infrastructure Play
SPCX: Post-IPO (~$2.4T cap, ~80x NTM P/S) SpaceX/xAI merger = ultimate orbital AI/energy play. Starship cuts launch to <$100/kg, enabling space solar (10x terrestrial) for orbital data centers solving power/regulatory/chip bottlenecks. 2025 rev $18.7B (+33%, Starlink 61%); $50-64B cap/GW deployed, 50% IRR. Musk targets 10x to $20T via 200+GW; key risk = China solar/chip/fab execution. Picks: MTSI top, TSEM, Hamamatsu buy.
Read full article (23 min)