SpaceX stock trades below its high as revenue jumps 91.9 percent

Published on 09/25/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SpaceX stock was USD 148.03 on Nasdaq on September 24, 2026. Q2 revenue reached USD 7.81 billion, up 91.9 percent year over year.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX stock (ISIN US84615Q1031) was USD 148.03 on Nasdaq on September 24, 2026, down 0.22 percent from the prior close. The share price stood 34.39 percent below its 52-week high of USD 225.64, giving the valuation debate a clear reference point.

Starship moves toward orbital missions

SpaceX said on September 15, 2026, that Starship Flight 14 will begin orbital missions intended to deliver Starlink V3 satellites and other payloads. The company also plans its first orbital propellant-transfer test, while more than 500 physical sensors are installed across the vehicle.

That operating milestone matters for the stock because the investment case extends beyond launch services. Starship is being positioned as infrastructure for larger Starlink deployments and future in-space operations, but the program still carries execution risk tied to flight testing and commercialization.

Revenue rises as losses continue

According to MarketBeat on September 6, 2026, SpaceX reported Q2 revenue of USD 7.81 billion, up 91.9 percent from the same quarter a year earlier. Reported EPS was negative USD 0.09 versus a negative USD 0.26 consensus estimate, a USD 0.17 beat.

The finance figures also show Q1 revenue of USD 4.694 billion, so Q2 revenue increased by USD 3.12 billion quarter over quarter. Net income remained negative at USD 541 million in Q2, making revenue expansion more important than a simple sales-growth headline.

Analysts set a wide valuation range

MarketBeat reported a Moderate Buy consensus on September 16, 2026, with an average price target of USD 221.42 from 43 analysts. That target lies 49.58 percent above the September 24 price of USD 148.03, although the same coverage included ratings from Strong Buy to Sell.

The valuation leaves little room for execution misses. MarketBeat also reported that 328 million shares became eligible for sale on September 24, 2026, while analysts tied the bullish case to Starship commercialization, Starlink growth and orbital AI infrastructure.

SpaceX stock stays below its yearly high

SpaceX stock had a market capitalization of USD 1,951,298,885,258 and volume of 72,496,135 shares on September 24, 2026. Its 52-week range was USD 104.83 to USD 225.64, placing the latest quote closer to the lower end than the yearly peak.