SpaceX Guides to $132–$148B Annualized Revenue, $35–$40B Quarterly Capex
SPCX sits 49% above its 52-week low of $104.83 on elevated volume (2.3× avg).
Summary
SpaceX guided Q1 2027 revenue to $33–$37B, an annualized $132–$148B, and said it aims for $100B in annual recurring revenue by December. The Dec-quarter capex bill is $35–$40B, funding an AI compute buildout from under 2 GW now to 2.5–3 GW by year-end and 20+ GW by end-2028. It plans roughly $40B of borrowing to buy Nvidia chips inside about $140B of AI-related debt financing targeted to close in 2027. Separately, an independent board committee will review a possible Tesla merger, with Musk excluded from talks and any deal requiring shareholder approval. Starlink revenue was about $5.25B, up roughly 69% year-over-year, on 13.6M subscribers. The scale of the capex and debt against the revenue ramp is the number that matters — this follows the Q3 8-K on October 20 showing $14.6B revenue and $4.4B net income.
At the time of this announcement, SPCX was trading at $156.70 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.2T. The 52-week trading range was $104.83 to $225.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.