SpaceX Trades at a Premium Despite $41.3 Billion in Total Losses, While Four Profitable Aerospace Stocks Offer Alternatives

Industry
โดย The Motley Fool·Read original
Summary · why it matters

Space Exploration Technologies has accumulated $41.3 billion in total losses since its founding, including a net loss of $4.28 billion in the first quarter of 2026 alone, nearly matching its full-year 2025 loss in a single quarter. Morningstar's discounted cash flow model places the company's fair value at $63 per share, roughly 59% below where the stock trades today. In contrast, GE Aerospace reported orders of $17.3 billion in Q1 2026, up 93% year over year, with a commercial backlog of $190 billion. TransDigm Group continues to compound aftermarket revenue growth from its sole-source aerospace components, while Howmet Aerospace grew revenue 19% to $2.31 billion and adjusted EPS 42% to $1.22 in the same quarter. Axon Enterprise, expanding into defense with drone countermeasures and autonomous surveillance, posted revenue of $807 million, up 34% year over year.

Impact on stocks 5

Aerospace & Aviation▲ · 2 stocks
GE Aerospace
GE
▲ PositiveDemandrelevance

Orders of $17.3B in Q1 2026, up 93% YoY, with commercial backlog of $190B.

Defense & Geopolitical Fragmentation▲ · 2 stocks
Axon Enterprise Inc.
AXON
▲ PositiveDemandrelevance

Revenue up 34% to $807M, expanding into defense with drone countermeasures and autonomous surveillance.

Space Economy▼ · 1 stocks

Theme Impact 4

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