Space Exploration Technologies Corp.

NasdaqGS:SPCX Stock Report

Market Cap: US$1.6t

Space Exploration Technologies Management

Management criteria checks 3/4

Space Exploration Technologies' CEO is Elon Musk, appointed in May 2002, has a tenure of 24.17 years. total yearly compensation is $54.08K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 46.06% of the company’s shares, worth $752.44B. The average tenure of the management team and the board of directors is 17.6 years and 11.4 years respectively.

Key information

Elon Musk

Chief executive officer

US$54.1k

Total compensation

CEO salary percentage100.00%
CEO tenure24.2yrs
CEO ownership46.1%
Management average tenure17.6yrs
Board average tenure11.4yrs

Recent management updates

Recent updates

Seeking Alpha Jul 17

SpaceX: An Elite Entry Point Is Emerging, But I'm Staying Patient

Summary SpaceX remains a high-quality business, but the current valuation at $123.58 per share offers little margin of safety. I target staged entries: $100 per share for a 1% portfolio position size, $90 for 3%, and $65 for heavy accumulation, reflecting risk/reward asymmetry. Lock-up expirations and potential insider selling could pressure SPCX, with up to 911.5 million shares becoming sale-eligible after the first earnings report. My 12–18 month base price targets are $119–$136 per share; I recommend holding and waiting for more attractive entry points. Read the full article on Seeking Alpha
New Narrative Jul 02

WHY YOU SHOULD NOT BUY THE SPACEX IPO

Originally posted on June 5th 2026 on the Woodworth Contrarian Fund News Page: https://www.woodworth.fund/news/why-you-should-not-buy-the-spacex-ipo Brought to you by The Millegans & The Woodworth Contrarian Fund Sisyphus of Wall Street & The Weight of Hype: Why chasing marquee allocations is a rigged game—and what contrarians do instead. Overview: Biggest IPO ever… for whom?
New Narrative Jun 22

SpaceX: A Sober Look at Catalysts, Risks, and Long‑Term Value After the IPO

SpaceX’s IPO has generated huge excitement, but when you strip away the headlines and ecosystem hype, the fundamentals still look like a capital‑intensive industrial business with uncertain long‑term margins. Using a disciplined valuation approach — including a 30% discount rate to reflect the lack of current profitability — the fair value estimate comes out to US$0.87 per share in 2026.
Analysis Article Jun 17

SpaceX (SPCX) Stock Could Be 49.5% Overvalued After IPO And AI Push

SpaceX stock reaction to index additions and AI push Space Exploration Technologies (SPCX) has moved rapidly from its record US$75b IPO into key benchmarks, with fresh inclusion in the NASDAQ Telecom Index spotlighting its mix of satellite connectivity, launch services, and AI infrastructure. For you as an investor, that index entry matters because it can pull in rule based buying from funds that track the benchmark. At the same time, the company’s US$60b Cursor acquisition and large AI...
New Narrative Jun 15

The trap for retailers that can evaporate more than 80% of the value.

EQUITY RESEARCH NOTE: SPACEX (SPCX) – VALUE REALIGNMENT Rating: Underweight / Avoid Current Price: $160.95 | Target Price Range: $21.41 – $28.55 Core Metric: Multiple Contraction & Scarcity Premium Dissipation. Investment Thesis: Space Exploration Technologies Corp.
Narrative Update Jun 13

AI Infrastructure in Space? The market said yes like it’s already a reality

SpaceX didn’t just deliver the largest IPO in history by dollars raised. It also entered the public market at one of the richest valuations ever seen for a company of its size.
New Narrative Jun 12

Hitting Escape Velocity with a Single Point of Failure

SpaceX owns one of the most entrenched constraints in the economy: cheap mass-to-orbit. It converts that into a deeper one, orbital bandwidth, through Starlink.
New Narrative Jun 06

Making sense of 1.75 trillion IPO

SpaceX is expected to go public under the ticker SPCX. There has been a huge amount of attention leading up to the listing, which isn’t surprising.
New Narrative Jun 06

SpaceX? Only Fast in - Fast out!

This text was written one week before SpaceX’s IPO , which is scheduled to take place on June 12, 2026, at $135 per share. Facts About Profitability Although SpaceX’s revenue is growing steadily, the company as a whole is generating a net loss.

CEO Compensation Analysis

How has Elon Musk's remuneration changed compared to Space Exploration Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$9b

Dec 31 2025US$54kUS$54k

-US$5b

Compensation vs Market: Elon's total compensation ($USD54.08K) is below average for companies of similar size in the US market ($USD14.63M).

Compensation vs Earnings: Insufficient data to compare Elon's compensation with company performance.


CEO

Elon Musk (55 yo)

24.2yrs
Tenure
US$54,080
Compensation

Mr. Elon R. Musk founded Space Exploration Technologies Corporation (also known as SpaceX) in 2002 and served as its Chairman and Chief Technical Officer since May 2002 and is its Chief Executive Officer....


Leadership Team

NamePositionTenureCompensationOwnership
Elon Musk
Founder & CEO24.2yrsUS$54.08k46.06%
$ 752.4b
Gwynne Shotwell
President & COO17.6yrsUS$85.81m0.096%
$ 1.6b
Bret Johnsen
CFO & Secretary15.2yrsUS$9.84m0.048%
$ 791.7m
Michael Sagan
Senior Director of Legalno datano datano data
Timothy Hughes
Senior VP of Global Business & Government Affairsno datano datano data
Richard Lee
Treasurerno datano datano data
17.6yrs
Average Tenure
57yo
Average Age

Experienced Management: SPCX's management team is seasoned and experienced (17.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ira Ehrenpreis
Independent Directorless than a yearno data0.010%
$ 170.4m
Stephen Jurvetson
Independent Director17.3yrsno datano data
Randall Glein
Independent Directorless than a yearno data0.0021%
$ 34.5m
Roelof Botha
Independent Directorless than a yearno datano data
Luke Nosek
Independent Director18yrsno data0.25%
$ 4.1b
Antonio Gracias
Non-Executive Director15.8yrsno datano data
Donald Harrison
Independent Director11.4yrsno datano data
11.4yrs
Average Tenure
56yo
Average Age

Experienced Board: SPCX's board of directors are seasoned and experienced ( 11.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 03:50
End of Day Share Price 2026/07/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Space Exploration Technologies Corp. is covered by 34 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Douglas HarnedBernstein
Ronald EpsteinBofA Global Research