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Space Exploration Technologies (NASDAQ: SPCX) has the potential to be one of the most exciting companies in history, opening up new markets and disrupting industries. However, it could take some time for it to realize some of its loftier goals. In the meantime, investors should be aware of some of the company's more immediate opportunities.
Let's look at three numbers that every investor should know before investing in SpaceX.
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The total addressable market (TAM) opportunity that SpaceX management sees today is $28.5 trillion. In its IPO prospectus, the space company said it was chasing the largest opportunity in human history.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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