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SpaceX Stock Surges Past $135 IPO Price: What's Going On?

Aug 12, 2026, 5:22 PMEvette Mitkov

Space Exploration Technologies Corp (NASDAQ:SPCX) shares are trading higher on Wednesday. CEO Elon Musk told employees the company's Starlink service has passed 13 million consumer subscribers and 22 million monthly Starlink Mobile users.

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SPCX
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benzinga
Observed
Aug 12, 2026, 5:22 PM
Checked
Aug 12, 2026, 5:23 PM
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Captured once, then retained as an archive reference
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  1. Aug 27, 2026, 7:37 PMBrendan Coffey

    Archer Aviation vs. Space Exploration Technologies: Which High Flying Stock Is a Better Buy in 2026?

    Archer Aviation and SpaceX represent two different aerospace plays with vastly different maturity levels. Archer is pre-commercial with $300K revenue and $618M losses, pursuing FAA certification for eVTOL aircraft. SpaceX generates $18.7B in revenue but reported a $5B net loss in FY2025 due to massive capital requirements. The article concludes SpaceX is the wiser long-term choice despite both companies' negative cash flows, citing SpaceX's established Starlink business and market support versus Archer's high valuation multiples and regulatory uncertainties.

    Read original at the-motley-fool
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