SpaceX stocks: Why is Elon Musk-owned Space Exploration Technologies Corp-SPCX share price at Nasdaq down?
Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US ...
Model output · Signal date 2026-10-16
Space Exploration Technologies Corp (SPCX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
Alpha
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Middle 30%
of 4009 stocks scored
Rank correlation · 90D
n/a
No per-ticker sample yet
Market Cap
$1.96T
mega-cap · #2 of 60 peers
Summary
Space Exploration Technologies Corp (SPCX) stock forecast summary
On Oct. 16, 2026, SPCX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4009 stocks scored that day.
Space Exploration Technologies Corp is a mega-cap company with a market capitalization of $1.96T. It ranks number 2 by market capitalization among the 60 Services-Computer Programming, Data Processing, Etc. issuers in our coverage with a current forecast.
A per-ticker accuracy statistic for SPCX is published only once its sample size is known. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.7%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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SPCX price chart and AI forecast
Cross-section · 2026-10-16
How SPCX ranks among 4009 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Space Exploration Technologies Corp (SPCX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Computer Programming, Data Processing, Etc. peers listed below that report each metric.
Valuation & Market
| Metric | SPCX | Rank |
|---|---|---|
| Market Cap | $1.96T | 2/60 |
| P/B Ratio | 15.40x | 4/41 |
| Book Value/Share | $9.65 | – |
Financial Health
| Metric | SPCX | Rank |
|---|---|---|
| Current Ratio | 5.12x | 5/53 |
| Quick Ratio | 4.99x | 2/5 |
| D/E Ratio | 0.52x | 29/46 |
| Financial Leverage | 1.52x | 29/44 |
| Interest Coverage | -0.1x | 26/49 |
| Working Capital | $86.92B | 2/52 |
Dividend & Shareholder Information
| Metric | SPCX | Rank |
|---|---|---|
| Shares Outstanding | 13182M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $108.05B | 56.0% of assets |
| Cash & Short-term Investments | $93.52B | 48.5% of assets |
| Accounts Receivable | $3.60B | 1.9% of assets |
| Inventory | $2.72B | 1.4% of assets |
| Total Liabilities | $65.55B | 34.0% of assets |
| Short-term Debt | $12.88B | 6.7% of assets |
Quarterly Financial Reports
SPCX quarterly financials and insider trading
Industry Peers · Services-Computer Programming, Data Processing, Etc.
Space Exploration Technologies Corp (SPCX) industry peers
Companies classified under the same SEC industry code as Space Exploration Technologies Corp (Services-Computer Programming, Data Processing, Etc.): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| SPCX Space Exploration Technologies Corp | ▶ | $1.96T |
| GOOG Alphabet Inc. | ▶ | $4.22T |
| META Meta Platforms, Inc. | ▶ | $1.88T |
| APP Applovin Corp | ▼ | $93.46B |
| NBIS Nebius Group N.V. | ▲ | $47.67B |
| ZM Zoom Communications, Inc. | ▶ | $28.74B |
| FLUT Flutter Entertainment Plc | ▲ | $13.22B |
| DOCN Digitalocean Holdings, Inc. | ▲ | $12.87B |
| PINS Pinterest, Inc. | ▲ | $12.86B |
| TEM Tempus Ai, Inc. | ▲ | $12.83B |
| SNAP Snap Inc | ▲ | $10.89B |
| FDS Factset Research Systems Inc | ▶ | $10.73B |
| MTCH Match Group, Inc. | ▶ | $10.12B |
| BZ Kanzhun Ltd | ▶ | $7.34B |
| TTD Trade Desk, Inc. | ▶ | $6.17B |
| GDS Gds Holdings Ltd | ▲ | $5.02B |
| SRAD Sportradar Group Ag | ▶ | $3.63B |
| MGNI Magnite, Inc. | ▶ | $3.51B |
| WIX Wix.Com Ltd. | ▶ | $3.48B |
| PPLI People Inc | ▼ | $2.99B |
| CSQR Csquare, Inc. | ▼ | $2.85B |
| GRND Grindr Inc. | ▲ | $2.62B |
| RUM Rum Group Inc. | ▲ | $2.46B |
| DV Doubleverify Holdings, Inc. | ▼ | $2.10B |
| DJT Trump Media & Technology Group Corp. | ▼ | $2.06B |
| WB Weibo Corp | ▼ | $1.61B |
| VNET Vnet Group, Inc. | ▲ | $1.19B |
| TRIP Tripadvisor, Inc. | ▶ | $1.10B |
| NXDR Nextdoor Holdings, Inc. | ▲ | $1.01B |
| HSTM Healthstream Inc | ▶ | $987M |
| TBLA Taboola.Com Ltd. | ▶ | $956M |
| BMBL Bumble Inc. | ▲ | $909M |
| SIFY Sify Technologies Ltd | ▼ | $851M |
| CEVA Ceva Inc | ▶ | $824M |
| PUBM Pubmatic, Inc. | ▲ | $812M |
| RXT Rackspace Technology, Inc. | ▲ | $812M |
| DSP Viant Technology Inc. | ▲ | $802M |
| RZLV Rezolve Ai Plc | ▼ | $775M |
| SMWB Similarweb Ltd. | ▲ | $764M |
| EVER Everquote, Inc. | ▲ | $760M |
| SABR Sabre Corp | ▲ | $722M |
| NEXN Nexxen International Ltd. | ▶ | $508M |
| ZIP Ziprecruiter, Inc. | ▲ | $399M |
| BLND Blend Labs, Inc. | ▲ | $237M |
| SANG Sangoma Technologies Corp | ▲ | $159M |
| HCAT Health Catalyst, Inc. | ▶ | $135M |
| GOAI Eva Live Inc | ▲ | $66M |
| PODC Podcastone, Inc. | ▲ | $60M |
| SOGP Sound Group Inc. | ▶ | $48M |
| JG Aurora Mobile Ltd | ▲ | $48M |
| RMXI Rmx Industries, Inc. | ▼ | $42M |
| TEAD Teads Holding Co. | ▲ | $41M |
| HOLO Microcloud Hologram Inc. | ▼ | $31M |
| IPM Intelligent Protection Management Corp. | ▶ | $23M |
| SST System1, Inc. | ▼ | $19M |
| TRSO Transuite.Org Inc. | ▼ | $14M |
| CDLX Cardlytics, Inc. | ▲ | $12M |
| GITS Global Interactive Technologies, Inc. | ▶ | $6M |
| TWAV Taoweave, Inc. | ▲ | $6M |
| CNET Zw Data Action Technologies Inc. | ▲ | $5M |
Where SPCX sits on the market map
Technology · Services-Computer Programming, Data Processing, Etc.
News
Space Exploration Technologies Corp (SPCX) stock news
Shay Boloor loads up on Rocket Lab stock, says he understands the Starlink premium, but market is ‘absolutely underappreciating’ the SpaceX rival
Futurum Equities‘ chief market strategist Shay Boloor loaded up on Rocket Lab Corp. RKLB on Thursday, believing the market is ...
Trump bought up to $5 million of SpaceX bonds days before signing new space transportation policy
President Donald Trump on Thursday disclosed that his investment accounts bought between $1 million and $5 million of Space ...
FAQ
Space Exploration Technologies Corp (SPCX) stock forecast FAQ
What is the Space Exploration Technologies Corp (SPCX) stock forecast?
On Oct. 16, 2026, SPCX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4009 stocks scored that day.
How accurate are Space Exploration Technologies Corp stock predictions?
A per-ticker accuracy statistic for SPCX is published only once its sample size is known. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Space Exploration Technologies Corp forecasts updated?
Space Exploration Technologies Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Space Exploration Technologies Corp's industry peers?
60 issuers in our coverage, SPCX included, share the SEC industry code Services-Computer Programming, Data Processing, Etc.. The largest are: Alphabet Inc. (GOOG), Meta Platforms, Inc. (META), Applovin Corp (APP), Nebius Group N.V. (NBIS), Zoom Communications, Inc. (ZM), Flutter Entertainment Plc (FLUT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.