SpaceX stock rises 1.89 percent as earnings growth accelerates

Published on 09/23/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SpaceX stock closed at USD 154.72 on September 22, 2026, near its IPO price. Second-quarter revenue rose 92 percent to USD 7.8 billion.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX stock closed at USD 154.72 on Nasdaq on September 22, 2026, up 1.89 percent from the previous session. The move came as the company reached its 100th day as a public company and reported sharply faster second-quarter growth.

Revenue growth reaches 92 percent

According to The Motley Fool on September 23, 2026, second-quarter revenue jumped 92 percent year over year to USD 7.8 billion, compared with first-quarter revenue growth of 15 percent to USD 4.69 billion.

The operating improvement was also quantified. Segment adjusted EBITDA nearly tripled to USD 3.5 billion in the second quarter, while the company still posted a GAAP net loss of USD 541 million for that period, according to Barchart.

Starlink and AI reshape the mix

The revenue comparison matters because the second-quarter acceleration was tied to new AI computing contracts with Anthropic and Google, while Starlink subscribers doubled and connectivity revenue increased 66 percent, according to Yahoo Finance.

Profitability remains uneven across the business. Barchart reported that connectivity generated USD 1.66 billion in operating income in the second quarter, while the space unit recorded an operating loss of USD 542 million and the AI unit an operating loss of USD 1.26 billion.

Valuation remains the counterweight

The market reaction has not erased the valuation risk. SpaceX had a market capitalization of about USD 2.1 trillion and a 52-week range of USD 104.83 to USD 225.64 on September 22, 2026, while revenue forecasts cited by The Motley Fool reached USD 108 billion for 2027.

SpaceX stock stays below its high

At USD 154.72 on September 22, 2026, SpaceX stock remained USD 70.92 below its 52-week high of USD 225.64 and USD 49.89 above its 52-week low of USD 104.83. The price therefore reflects both the recent earnings acceleration and the distance from the year's peak.