SpaceX (Pre-IPO) (SPCX) is trading at $142.02 after a 4.46% 24-hour gain, with price sitting just above its 20-day average but still below the 50-day line. Reuters reporting and company disclosures...
SpaceX (Pre-IPO) (SPCX) is priced at $142.02, up 4.46% over 24 hours, with intraday trade ranging between $135.52 and $143.43. That puts the shares above the 7-day SMA of $135.41 and the 20-day SMA of $140.59, but still below the 50-day SMA of $149.45. The setup is constructive in the very short term, but it has not yet reclaimed the broader intermediate trend.
The fundamental backdrop is still dominated by Starlink. Reuters reported on April 8, 2026, that Starlink is profitable and accounts for roughly 50% to 80% of SpaceX revenue. Reuters later reported on May 20, 2026, that Starlink generated an operating profit of $1.19 billion in the first quarter, even as SpaceX booked a total operating loss of $1.94 billion on $4.69 billion of revenue, with the AI division alone losing $2.47 billion on $818 million of revenue. That matters because it frames SPCX as a stock whose nearer-term valuation support depends heavily on the cash-generating connectivity business while management is still spending aggressively on future platforms. citeturn0search0turn0search1
75 trillion valuation in an all-primary IPO, with the deal expected to raise at least $75 billion and be structured as new-share issuance only. 6% in the most recent quarter. Those are important strategic markers: the company is trying to diversify its revenue mix even as it keeps leaning on Starlink’s profitability and a still-unproven AI/data-center roadmap.
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