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KeyBanc sees SpaceX raising ~$325B over next 18-24 months

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SPCX Space Exploration Technologies Corp
$139.77 -1.08%
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  1. 1KeyBanc analyst Michael Leshock expects SpaceX (SPCX) to ramp up major capex and capital raising within months
  2. 2Assumes cumulative capex of $250B-$300B for 6-7GW by end of 2027, with an additional ~$325B raised over 18-24 months
  3. 3Q2 capex of $18.4B beat estimates by ~$6B; sees need for capital raising despite ~$100B cash

This 3-line summary is compiled from the report below.

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