Design and manufacture advanced rockets and spacecraft. Launch satellites, cargo, and crew to various destinations, including low Earth orbit and beyond. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 105.9× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 15% of them.
Analysts' average target sits 37% above today's price.
Buys and sells are dead even — no clear signal either way.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Debt is low and cash is strong; the finances stand solid.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
Business Quality: Profit power and business quality trail similar companies in the sector.
Over the last 2 years, sales grew about 34% a year on average.
The company sells $18.7B a year; the problem isn’t sales — it’s costs running above that number.
There is $24.7B in the vault; even if every debt were paid off, $1.9B would remain.
A loss of $4.9B against $18.7B in annual sales.
Today’s price already includes part of tomorrow’s optimism. Report-card grade: 15/100.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 29/100.
On our five-subject report card, SPCX sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: SPCX has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Analysts’ average target sits above today’s price, yet the valuation grade (15/100) says the stock isn’t cheap.
Not covered, because the filings we hold do not carry it: the growth trend, earnings execution, the revenue breakdown, the price history.