Bold Prediction: Here's What a $5,000 Investment in SpaceX Will Be Worth in 10 Years
A $5,000 investment in SpaceX today could sink by more than half in 10 years -- or grow tenfold.
Overview
At this point, if you had invested in Space Exploration Technologies (NASDAQ: SPCX) on its opening day, when the stock ended its first day on the market at about $160 a share, your investment would be in the red. SpaceX has fallen over 13% since June 12.
And under a modest set of assumptions, the next 10 years could push the stock even lower.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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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.