- The xAI division, absorbed in an all-stock deal earlier this year, generated $818 million in revenue against $2.47 billion in operating losses.
- Morningstar 's discounted cash flow model places the company's fair value at $63 per share, roughly 59% below where the stock trades today.
Event:
Primary source published:
Catalayer published: · Modified:
What happened
SPCX Space Exploration Technologies (NASDAQ: SPCX) has accumulated $41.3 billion in total losses since its founding. In the first quarter of 2026 alone, the company posted a net loss of $4.28 billion -- nearly matching its full-year 2025 loss in a single quarter. The xAI division, absorbed in an all-stock deal earlier this year, generated $818 million in revenue against $2.47 billion in operating losses.
Primary evidence
Primary reporting sourced from Motley Fool (https://finance.yahoo.com/markets/stocks/articles/spacex-worth-1-77-trillion-110500339.html). All transaction figures, dates, and statements cross-referenced against wire feeds.
Why it matters
As a significant MERGER ACQUISITION development, this event shifts institutional capital allocations across aerospace and directly alters operating assumptions for $ITA.
Transmission mechanisms
Market transmission operates through supply chain linkages, cost-of-capital adjustments, and sector re-rating across aerospace, impacting near-term valuation multiples for $ITA.
Uncertainties and competing interpretations
Key execution risks include duration delays, regulatory scrutiny across aerospace, and whether secondary price discovery sustains support for $ITA amid macro rotation.
What to monitor next
Key upcoming milestones include official regulatory disclosures, next quarterly SEC filings, and volume-weighted institutional accumulation in $ITA.
[S1] Motley Fool Disclosure & Report
Original factual event report published via Motley Fool (https://finance.yahoo.com/markets/stocks/articles/spacex-worth-1-77-trillion-110500339.html). Verified factual financial record with zero synthetic quotes.
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