SPCX
SpaceX (SPCX) has rescheduled its Starship rocket launch for Friday, July 24, after ignition failures led...
Article Summary
HOLD- SpaceX (SPCX) has rescheduled its Starship rocket launch for Friday, July 24, after ignition failures led to last week's launch being canceled, with SPCX reportedly pivoting away from Falcon rocket production to focus on its Starship business.
- The company is on track to close Friday's session with another week of losses after already falling below its IPO price, with SPCX down 3% and the broader aerospace market down about 3%.
- The company's IPO soared to 170 before falling to 114 as of Fridayâ€now trading at 114 as we make our way toward the close, moving lower today.
- The space race heat map shows that space race sentiment is coming down, with SpaceX obviously the largest market cap down 3%, but others also down nearly 9%, 4%, 5.6%, 5%, and 5%.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 0.0% | 25% | 20.0 ptsMinimal (0.0%) - Very weak |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 105.7% | 20% | 100.0 ptsMassive Upside (105.7%) - Target: $236.72 vs Current: $115.07 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -49.0% | 15% | 100.0 ptsDeep Discount (-49.0%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About SPCX
- Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally.
- The company's Connectivity segment operates a high-speed, low-latency broadband network powered by various Starlink satellites in low-earth orbit, delivering connectivity to various consumer, enterprise, and government customers through its Starlink offering.
- Its Space segment designs, manufactures, and launches reusable rockets to provide access to space.
- It offers launch services for the deployment of payloads to intended orbits for commercial and government customers utilizing Falcon 9 and Falcon Heavy; and launch and development for the development of spacecraft and the provision of launch and mission services for government agency space programs utilizing Falcon 9, Falcon Heavy, Starship, and Dragon.
- The company's AI segment operates a vertically integrated AI platform spanning a frontier LLM Grok; AI solutions for consumer and enterprise customers; X, a real-time information, entertainment, and free speech platform; and AI computational infrastructure.
- The company was founded in 2002 and is based in Starbase, Texas.