16:44:35 EDT Fri 03 Jul 2026
Enter Symbol
or Name
USA
CA



SpaceX CDR (CAD Hedged)
Symbol SPCX
Shares Issued 9,850,000
Close 2026-07-02 C$ 27.11
Market Cap C$ 267,033,500
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FP/wire say SpaceX investors to hear from analysts

2026-07-03 14:13 ET - In the News

The Financial Post reports in its Friday edition that investors in SpaceX have been largely flying blind since the company's record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth. A Bloomberg dispatch to the Post says that changes next week, when the quiet period ends for analysts at banks that underwrote the $86-billion (U.S.) initial public offering, which was led by Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and JPMorgan, with 18 other banks in the mix. Starting Tuesday, investors should expect a pile of new research, price targets and growth estimates, all of which should help shed light on where the shares are likely headed in the near term and over the next few years. The problem with figuring out what SpaceX is worth lies in the difference between its current numbers and what is expected in the future. The company is not profitable. Further, SpaceX's price-to-sales ratio is 41 times revenue projected over the next 12 months. Apple and Microsoft are both priced below nine times estimated sales. "There's so much future value of the company tied up in revenue streams that are still to some extent distant," said Allspring's Robert Gruendyke.

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