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Latest period

$14.25B

YoY change

+85.8%

5Y CAGR

Peak year (2025)

$20.74B

CapEx history chart for SpaceX (SPCX) from 2023 to 2025

Latest: $20.74B

CapEx growth chart for SpaceX (SPCX) from 2023 to 2025

Latest: +85.8%

CapEx history table for SpaceX (SPCX) from 2023 to 2025

  • 2025$20.74B+85.8%
  • 2024$11.16B+152.8%
  • 2023$4.42B

CapEx values are taken from SpaceX's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at SpaceX (SPCX)

According to SpaceX's latest reported financial statements, the company's current CapEx (TTM) is $14.25B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the most recent reported quarters available in our database, through (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, SpaceX (SPCX) reported CapEx of $20.74B – surged 85.8% year-over-year.

SpaceX Capital Expenditures by Year

SpaceX Capital Expenditures 2025: $20.74B

SpaceX CapEx in 2025 was $20.74B, surged 85.8% from 2024. This figure represents the highest annual value in the available history.

SpaceX Capital Expenditures 2024: $11.16B

2024's CapEx for SpaceX came in at $11.16B, surged 152.8% from 2023.

SpaceX Capital Expenditures 2023: $4.42B

SpaceX CapEx in 2023 was $4.42B.

See more financial history for SpaceX (SPCX).

Sector peers by CapEx

Industrials peers of SpaceX (SPCX), ranked by their latest CapEx

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Capital Return

No dividends or stock splits on record for this company.