FeesSafety
Pluang+

SpaceX stock flat despite revenue doubling; investors await key milestones for direction.

Market News
22 Oct 2026
24/7 Wall Street
View Source
Neutral
SpaceX stock flat despite revenue doubling; investors await key milestones for direction.

SpaceX's stock price remains nearly unchanged since its public debut, despite revenue more than doubling to $14.6 billion in Q3 and a strong net income turnaround. The company’s divisions include Space launches, Starlink connectivity, and Super Intelligence computing, with significant growth but also heavy spending and high valuation multiples. Investors are cautious as future success hinges on milestones like weekly Starship flights and major compute expansions, with analysts seeing potential upside but emphasizing risks. The stock is rated Hold, pending proof that heavy investments translate into sustained earnings growth.

Despite SpaceX's stock price holding steady since its public debut, the company faces investor caution as it pursues ambitious growth milestones. On Pluang, SPCX trades at USD 149.80 with a notable 5.95% decline in the past day as of Oct 22, 2026 22:02 WIB. The stock's market cap stands at $2.16 trillion, reflecting its significant scale amid mixed investor sentiment, with 52% of order activity being sell orders and 48% buy orders.

More News (SPCX)

Tesla and SpaceX hold steady on 30,221 Bitcoin worth $2.53B in Q3, signaling cautious stance by Elon Musk.

Tesla and SpaceX hold steady on 30,221 Bitcoin worth $2.53B in Q3, signaling cautious stance by Elon Musk.

In Q3 2026, Tesla and SpaceX maintained their combined Bitcoin holdings at 30,221 coins, valued at about $2.53 billion. Tesla holds 11,509 BTC, and SpaceX 18,712 BTC, with no new purchases or sales reported. Bitcoin's value fluctuations significantly...

Market News
Neutral
5 hours ago
Six space stocks lag despite SpaceX's strong quarter and merger talks with Tesla.

Six space stocks lag despite SpaceX's strong quarter and merger talks with Tesla.

SpaceX's shares rose after a strong Q3 report and merger discussions with Tesla, but six related space stocks have declined since April. These companies, including AST SpaceMobile, Intuitive Machines, BlackSky, Redwire, Planet Labs, and Rocket Lab, m...

Market News
Bearish
5 hours ago
Tesla shares drop 4% as profits shrink and Musk lowers sales targets amid merger uncertainty.

Tesla shares drop 4% as profits shrink and Musk lowers sales targets amid merger uncertainty.

Tesla's stock fell 4% despite beating earnings estimates due to a 42.7% profit decline, reduced capital spending, and a lowered vehicle sales target by CEO Elon Musk. The company also faces rising research costs for new technologies like autonomy and...

Market News
Bearish
6 hours ago
Less than 1% of 60M auto-enrolled kids claimed SpaceX shares promised by Musk via Trump Accounts in week one.

Less than 1% of 60M auto-enrolled kids claimed SpaceX shares promised by Musk via Trump Accounts in week one.

Elon Musk pledged to give SpaceX shares to every American child next year, a move praised by former President Trump who linked it to Trump Accounts. However, fewer than 1% of the 60 million auto-enrolled accounts were claimed by parents in the first ...

Market News
Bullish
22 hours ago
SpaceX's true edge is rapid data center construction, not just rockets or satellites

SpaceX's true edge is rapid data center construction, not just rockets or satellites

SpaceX is widely known for its innovations in reusable rockets and satellite operations, as well as its ambitious Starship project aimed at AI dominance and Mars exploration. However, the company's real competitive advantage lies in how quickly it ca...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App