SpaceX stock gains on strong revenue and NASA work

Published on 09/19/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SpaceX stock traded at $152.79 on September 18, 2026, after Morgan Stanley reiterated a $300 target. Q2 revenue was $7.8 billion and adjusted EBITDA $3.5 billion.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX stock (ISIN US84615Q1031) traded at $152.79 on September 18, 2026, after a 1.31 percent decline from the prior close, while market cap was listed at $2.012 trillion as of September 2026. The latest catalyst came on September 18, 2026, when MSN reported that Morgan Stanley reiterated its Buy rating and $300 price target on September 15, 2026.

Revenue and profit still matter

For the second quarter of 2026, SpaceX reported revenue of about $7.8 billion and adjusted EBITDA of about $3.5 billion, according to InsiderFinance. The same report said net loss was $541 million, an improvement from roughly $1.0 billion a year earlier, which underlines how much profit quality remains the key test for the stock.

That comparison is clear: revenue rose 92 percent year over year, while adjusted EBITDA reached about $3.5 billion in Q2 2026. Starlink also generated about $4.3 billion in revenue and reached 12 million subscribers, giving investors a second operating driver beyond launch activity.

NASA adds more work

On September 18, 2026, InsiderFinance said NASA added a $946 million Commercial Crew Transportation Capability modification, lifting total CCtCap value to $5.92 billion through 2030. The contract brings three additional crewed missions and extends the commercial crew line into a longer cash-flow story.

For the stock, the number that stands out is the gap between the current price and the sell-side view: MSN cited Morgan Stanley's $300 target, while the stock changed hands at $152.79 on September 18, 2026.

Price near the middle

SpaceX stock closed at $152.79 on September 18, 2026, with the day range at $149.93 to $156.60 and prior close at $154.81. The share price therefore sat below the analyst target and below the session high, but well above the session low.