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SpaceX’s stock could actually be a bargain, according to this metric

SpaceX’s stock could actually be a bargain, according to this metric

  • Time:

    15:45

  • Date:

    05 Oct 2026

  • Read Time:

    1 min

  • Author:

    Just2Trade Research Team

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The stock is expensive when valued solely by operating profit, but SpaceX is cheaper than Meta and Alphabet when you bring growth into the mix

At a 0.3 times growth-adjusted multiple, SpaceX trades roughly 40% below the Big Tech median of 0.5 times, according to Morgan Stanley.
At a 0.3 times growth-adjusted multiple, SpaceX trades roughly 40% below the Big Tech median of 0.5 times, according to Morgan Stanley.

Photo: Getty Images

Shares of SpaceX might be a lot cheaper than they seem, providing investors with a golden opportunity to buy in.

At last week’s closing price of $159, the stock trades at roughly 30 times its 2028 expected operating profit, almost double the Big Tech median of 16 times, according to Morgan Stanley analyst Adam Jonas.

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Trading financial instruments involves high risks. This article is for informational purposes only and does not constitute investment advice.