SpaceX holds USD 8.0 billion in defense contracts as SpaceX stock trades at EUR 133.35

Published on 10/02/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Needham kept its USD 250.00 target on September 30, 2026. SpaceX stock costs EUR 133.35 versus EUR 132.09, plus 0.95 percent on October 2, 2026.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX (ISIN US84615Q1031) holds USD 8.0 billion in defense contracts in 2026, while SpaceX stock was trading at EUR 133.35. 24/7 Wall St reported the contract figure on October 2, 2026, linking the company to national security launch services and Starshield.

Defense revenue accelerates

The contract base is already visible in SpaceX operating figures. Enterprise and Government revenue rose 108 percent to USD 1.806 billion in the second quarter of 2026, while total quarterly revenue reached USD 7.81 billion, according to 24/7 Wall St on October 2, 2026.

That mix gives the Pentagon news more financial weight than a single launch announcement. Government revenue grew faster than the wider business, making defense and secure satellite services an important part of the current SpaceX valuation story.

Starship adds an execution test

SpaceX said in its September 15, 2026 update that Starship is preparing for orbital missions starting with Flight 14, including the delivery of Starlink V3 satellites and other payloads. The company also said more than 500 physical sensors will monitor the vehicle during early orbital missions, a concrete test of the engineering burden behind the expansion plan.

The broader manufacturing ambition is equally large. In its August 6, 2026 update, SpaceX said Terafab is planned to include more than 100 million square feet of manufacturing space, with the combined SpaceX and Tesla demand expected to exceed 1 terawatt of compute.

Analyst target stays higher

Needham reiterated a Buy rating and a USD 250.00 price target on September 30, 2026, according to Investing.com. The report said announced AI compute agreements are expected to ramp in the fourth quarter of 2026, with one deal beginning in December.

The next scheduled reporting checkpoint is November 5, 2026, which The Wall Street Journal lists as the next earnings date. That event will give investors a fresh test of whether defense, satellite connectivity and AI compute are expanding at the pace implied by the USD 250.00 target.

SpaceX stock holds above prior close

SpaceX stock was trading at EUR 133.35 at Lang & Schwarz on October 2, 2026 at 3:05 p.m. CEST, up 0.95 percent versus the prior close of EUR 132.09 on October 1, 2026. The finance quote showed a USD 104.83 to USD 225.64 52-week range and a market capitalization of USD 2.0 trillion as of October 1, 2026.

The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.