Key Stats for SpaceX Stock
- Price change for SpaceX stock in last 1 month: 1%
- $SPCX Stock Price as of Oct. 23: $147
- 52-Week High: $226
- $SPCX Stock Price Target: $257
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What Happened?
Elon Musk said SpaceX (SPCX) has closed $40 billion in debt financing to buy GPUs, which are the chips that power AI systems. Musk shared the news in a post on X on Sunday.
Musk said SpaceX is investment-grade and also said the company earns revenue from Starlink and rocket launches.
In a follow-up post, he said the money is mostly callable debt for GPUs. It is expected to arrive in Q1 and Q2 of 2027.
Bloomberg had reported earlier that SpaceX was in talks with banks and investors to raise the money.
The plan would use a special purpose vehicle to keep the debt off SpaceX’s balance sheet, which would help protect its investment-grade credit rating.
Goldman Sachs was leading talks with investors, including Apollo Global Management.
The spending is tied to SpaceX’s AI business, which it calls Super Intelligence and is now the company’s largest segment.
Q3 revenue in that unit rose ninefold to $7.56 billion, up from $813 million a year earlier.
The rest of the business is growing fast too.
Total Q3 revenue was $14.6 billion, up 161%. Net income was $4.4 billion.
Capital spending was $19.6 billion in the quarter. Management expects it to reach $35 billion to $40 billion in the Q4.
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What the Market Is Telling Us About SpaceX Stock
Investors want to know how SpaceX will pay for its AI buildout. SpaceX stock now comes with a big funding plan and big growth numbers at the same time.
Management says the math works. It says new compute is paying back in less than a year, and the company also reported a $63 billion backlog. It expects Q1 revenue of $33 billion to $37 billion.
The financing also shows how tight credit has become. Musk said debt markets have largely shut off for companies without substantial revenue outside AI data centers.
He expects more than 200 neocloud companies to face widespread failures and consolidation and only a small number would survive.
SpaceX is trying to stand apart from that group, as the Starlink and launch businesses give it revenue beyond AI.
That is a key point for anyone watching SpaceX stock. The risk is that the company is still taking on a lot of spending.
Another thing to watch is how much compute comes online. SpaceX expects 2.5 to 3 gigawatts by the end of the year. For SpaceX stock, that buildout is where the debt money will go.
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So what is SpaceX stock actually worth?
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
