capexScore 45/100Research
SpaceX Starship program targeting orbital flight and second-stage recovery in 2024; heavy-lift production ramp implied
Gwynne Shotwell· SpaceX· Space· 2026-06-14· about SpaceX
“We build one, we've flown it, and this year I believe we'll get to orbit with that vehicle and we'll recover the first, the second stage. We've already recovered the first stage and reflown it.”
Why it matters
SpaceX's commitment to Starship orbital flight and second-stage recovery in the current year signals heavy capital spending on propellant, ground infrastructure, manufacturing, and recovery systems. This indicates substantial capex acceleration and supply chain stress across multiple domains.
Investment implication
Suppliers of cryogenic propellant production capacity, high-pressure welding and manufacturing equipment, avionics for larger vehicles, and recovery/landing systems will face demand spikes. Infrastructure companies serving test and launch facilities should see revenue growth.