Space Exploration Technologies Corp. Class A Common Stock (SPCX) — Cash Flow Reinvestment Rate

Latest as of June 2026: 8.18x

Space Exploration Technologies Corp. Class A Common Stock (SPCX) has a Cash Flow Reinvestment Rate of 8.18x as of June 2026, reinvesting $19.79 Billion (capex $18.37 Billion plus investments $1.42 Billion) from operating cash flow of $2.42 Billion. See Space Exploration Technologies Corp. Cla (SPCX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

8.18x
(Capex + Investments) / Operating CF

Total Reinvested

$19.79 Billion
Capex + Investments

Operating Cash Flow

$2.42 Billion
USD

Capital Expenditures

$18.37 Billion
USD

Space Exploration Technologies Corp. Class A Common Stock Cash Flow Reinvestment Rate (2023–2025)

Historical reinvestment intensity for Space Exploration Technologies Corp. Class A Common Stock across 3 annual periods. For the full cash flow conversion analysis, see SPCX operating cash flow.

Annual Cash Flow Reinvestment Rate for Space Exploration Technologies Corp. Class A Common Stock (2023–2025)

Year-by-year capital reinvestment analysis for Space Exploration Technologies Corp. Class A Common Stock. See SPCX free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 3.26x $22.13 Billion $6.79 Billion $20.74 Billion ▲ +63.5%
2024 2.00x $11.53 Billion $5.78 Billion $11.16 Billion ▲ +84.6%
2023 1.08x $4.89 Billion $4.52 Billion $4.42 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow