Here's What a $5,000 Investment in SpaceX Stock Could Be Worth in 3 Years
SpaceX has the potential to see huge gains in the coming years.
Overview
One of the stocks investors are most excited about right now is Space Exploration Technologies (NASDAQ: SPCX). The artificial intelligence (AI) and space stock has caught investors' imagination about what the future could hold. With $5,160, you can buy 30 shares.
SpaceX offers a combination of substantial near-term and long-term opportunities. In the near term, the company has become one of the premier ways to play the cloud computing market. By acting as a bridge provider, renting out compute capacity on a short-term basis, SpaceX is getting superior economic returns. While it takes Amazon two to three years to break even on its chip and network investments, SpaceX is getting a payback in one year.
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Originally published at www.fool.com.