SPCX vs. TIGO: Space Exploration vs. Millicom International Cellular Stock Comparison
How do Space Exploration (SPCX) and Millicom International Cellular (TIGO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Space Exploration (SPCX) and Millicom International Cellular (TIGO) both fall under the Telecommunication Services industry group, but SPCX is classified in Diversified Telecommunication Services while TIGO is classified in Wireless Telecommunication Services.
Millicom International Cellular (TIGO) has been public since January 9, 2019 with a meaningfully longer listed history, while Space Exploration (SPCX) only listed on June 12, 2026 — long-window metrics on the SPCX side should be interpreted with caution.
| Profile Item | SPCX | TIGO |
|---|---|---|
| Name | Space Exploration Technologies Corp. Class A Common Stock | Millicom International Cellular S.A. |
| Country/Region | United States | Luxembourg |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry Group | Telecommunication Services | Telecommunication Services |
| GICS Industry | Diversified Telecommunication Services | Wireless Telecommunication Services |
| GICS Sub-Industry | Alternative Carriers | Wireless Telecommunication Services |
| Market Capitalization | 1,823.53 billion USD | 13.96 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 12, 2026 | January 9, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| Total Return (1Y) | -- | 88.87% |
| Total Return (3Y, Annualized) | -- | 85.47% |
| Total Return (5Y, Annualized) | -- | 23.36% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Space Exploration (SPCX) carries a highly aggressive beta of 5.69, indicating much higher sensitivity to broad-market moves, whereas Millicom International Cellular (TIGO) is closer to market-like at 0.96 — a noticeable difference in market-sensitivity profile.
Space Exploration (SPCX) is heavily traded at around 97.49M shares per day, whereas Millicom International Cellular (TIGO) sees a more moderate 924.74K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | SPCX | TIGO |
|---|---|---|
| Volatility (1Y, Annualized) | 82.86% | 41.65% |
| Beta (5Y) | 5.69 | 0.96 |
| Max Drawdown (5Y) | -48.78% | -71.26% |
| Avg. Volume (3M) | 97.49M | 924.74K |
Risk-Adjusted Performance
Risk-Return Positioning
Both SPCX and TIGO need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 2.03 |
| Sortino Ratio (1Y) | -- | 3.02 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Millicom International Cellular (TIGO) earns 19.54% on shareholders’ equity, ranked against its industry; Space Exploration (SPCX) has no ROE this period.
SPCX
Telecommunication Services industry group
--
- Max
- 31.74%
- Q3
- 17.02%
- Median
- 7.32%
- Q1
- -5.16%
- Min
- -20.26%
- SPCX
- --
TIGO
Telecommunication Services industry group
19.54%
- Max
- 31.74%
- TIGO
- 19.54%
- Q3
- 17.02%
- Median
- 7.32%
- Q1
- -5.16%
- Min
- -20.26%
Net Margin (TTM)
Space Exploration (SPCX) reports a negative net margin of -8.61%, usually indicating a net loss over the period. Meanwhile Millicom International Cellular (TIGO) reports 7.01%, ranking against industry peers normally.
SPCX
Telecommunication Services industry group
-8.61%
- Max
- 30.45%
- Q3
- 11.78%
- Median
- 7.20%
- Q1
- -3.86%
- SPCX
- -8.61%
- Min
- -18.49%
TIGO
Telecommunication Services industry group
7.01%
- Max
- 30.45%
- Q3
- 11.78%
- Median
- 7.20%
- TIGO
- 7.01%
- Q1
- -3.86%
- Min
- -18.49%
Operating Margin (TTM)
Both Space Exploration (SPCX) at 27.58% and Millicom International Cellular (TIGO) at 26.63% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
SPCX
Telecommunication Services industry group
27.58%
- Max
- 35.53%
- SPCX
- 27.58%
- Q3
- 22.79%
- Median
- 12.87%
- Q1
- 0.82%
- Min
- -29.20%
TIGO
Telecommunication Services industry group
26.63%
- Max
- 35.53%
- TIGO
- 26.63%
- Q3
- 22.79%
- Median
- 12.87%
- Q1
- 0.82%
- Min
- -29.20%
Profitability Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| ROE (TTM) | -- | 19.54% |
| ROA (TTM) | -- | 6.70% |
| Net Margin (TTM) | -8.61% | 7.01% |
| Operating Margin (TTM) | 27.58% | 26.63% |
| Gross Margin (TTM) | 56.76% | 76.25% |
Growth
Revenue Growth
Space Exploration (SPCX) at 33.24% delivers above-range revenue growth, while Millicom International Cellular (TIGO) at 0.26% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Millicom International Cellular (TIGO) at 438.36% sits above its peer range for EPS growth; Space Exploration (SPCX) at -25,600.00% sits below its range, putting their earnings trajectories at opposite ends.
Growth Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| Revenue Growth (YoY) | 33.24% | 0.26% |
| Revenue Growth (3Y CAGR) | -- | 1.14% |
| EPS Growth (YoY) | -25,600.00% | 438.36% |
| EPS Growth (3Y CAGR) | -- | 83.60% |
Financial Strength
Current Ratio (MRQ)
Space Exploration (SPCX) at 3.08 carries current ratio above its industry’s typical mid-range, while Millicom International Cellular (TIGO) at 0.56 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
SPCX
Telecommunication Services industry group
3.08
- SPCX
- 3.08
- Max
- 2.85
- Q3
- 1.64
- Median
- 0.97
- Q1
- 0.78
- Min
- 0.26
TIGO
Telecommunication Services industry group
0.56
- Max
- 2.85
- Q3
- 1.64
- Median
- 0.97
- Q1
- 0.78
- TIGO
- 0.56
- Min
- 0.26
Debt / Equity (MRQ)
Space Exploration (SPCX) at 0.22 keeps leverage in the lower quartile, while Millicom International Cellular (TIGO) at 5.29 is above its industry debt-to-equity ratio range.
SPCX
Telecommunication Services industry group
0.22
- Max
- 3.94
- Q3
- 2.11
- Median
- 1.32
- Q1
- 0.65
- SPCX
- 0.22
- Min
- 0.00
TIGO
Telecommunication Services industry group
5.29
- TIGO
- 5.29
- Max
- 3.94
- Q3
- 2.11
- Median
- 1.32
- Q1
- 0.65
- Min
- 0.00
Financial Strength Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| Current Ratio (MRQ) | 3.08 | 0.56 |
| Debt / Equity (MRQ) | 0.22 | 5.29 |
| Net Debt / EBITDA | -4.31 | 3.15 |
Dividends
Dividend Yield (TTM)
Space Exploration (SPCX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Millicom International Cellular (TIGO) reports a yield of 3.79%, ranking against industry peers normally.
SPCX
Telecommunication Services industry group
0.00%
- Max
- 6.10%
- Q3
- 2.63%
- SPCX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TIGO
Telecommunication Services industry group
3.79%
- Max
- 6.10%
- TIGO
- 3.79%
- Q3
- 2.63%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Space Exploration (SPCX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Millicom International Cellular (TIGO) reports a payout of 88.91%, ranking against industry peers normally.
SPCX
Telecommunication Services industry group
0.00%
- Max
- 121.72%
- Q3
- 68.18%
- Median
- 4.06%
- SPCX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TIGO
Telecommunication Services industry group
88.91%
- Max
- 121.72%
- TIGO
- 88.91%
- Q3
- 68.18%
- Median
- 4.06%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.79% |
| Dividend Payout Ratio (TTM) | 0.00% | 88.91% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Millicom International Cellular (TIGO) at 24.70 sits in the richer P/E ratio quartile, and Space Exploration (SPCX) at 583.78 is richer still, above its industry range.
SPCX
Telecommunication Services industry group
583.78
- SPCX
- 583.78
- Max
- 30.40
- Q3
- 23.75
- Median
- 13.30
- Q1
- 8.65
- Min
- 2.50
TIGO
Telecommunication Services industry group
24.70
- Max
- 30.40
- TIGO
- 24.70
- Q3
- 23.75
- Median
- 13.30
- Q1
- 8.65
- Min
- 2.50
P/S Ratio (TTM)
Millicom International Cellular (TIGO) at 1.72 prices around its industry’s typical P/S ratio, while Space Exploration (SPCX) at 56.91 clears its benchmark range — SPCX looks notably rich on sales.
SPCX
Telecommunication Services industry group
56.91
- SPCX
- 56.91
- Max
- 3.01
- Q3
- 1.73
- Median
- 0.81
- Q1
- 0.36
- Min
- 0.00
TIGO
Telecommunication Services industry group
1.72
- Max
- 3.01
- Q3
- 1.73
- TIGO
- 1.72
- Median
- 0.81
- Q1
- 0.36
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Millicom International Cellular (TIGO) at 6.24 sits in the upper P/B ratio quartile, and Space Exploration (SPCX) at 10.31 prices even higher, above its industry range.
SPCX
Telecommunication Services industry group
10.31
- SPCX
- 10.31
- Max
- 8.10
- Q3
- 3.98
- Median
- 1.53
- Q1
- 0.65
- Min
- -2.39
TIGO
Telecommunication Services industry group
6.24
- Max
- 8.10
- TIGO
- 6.24
- Q3
- 3.98
- Median
- 1.53
- Q1
- 0.65
- Min
- -2.39
Valuation Metrics
| Metric | SPCX | TIGO |
|---|---|---|
| P/E Ratio (TTM) | 583.78 | 24.70 |
| P/S Ratio (TTM) | 56.91 | 1.72 |
| P/B Ratio (MRQ) | 10.31 | 6.24 |
| Free Cash Flow Yield (TTM) | -- | 14.20% |