Elon Musk Makes a Bold Prediction About SpaceX's Future
If Musk's prediction proves to be correct, SpaceX could be doubling its sales on a regular basis.
Overview
The growth potential behind Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, is tremendous, and that's a big reason investors have been loading up on it despite it having a high market cap of around $2 trillion. While the business generated close to $19 billion in revenue last year, the hope and expectation is that SpaceX's top line will become much more massive in the future.
CEO Elon Musk recently made a very bold prediction about how big it will be in the future. And if the prediction proves to be true, SpaceX's stock could have plenty of upside.
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Details
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Originally published at www.fool.com.
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