How Much Could a $5,000 Investment in SpaceX Be Worth By 2030? Here's Why This Industrial Stock May Be a Better Buy Today.
Could $5,000 become $10,000 by 2030, or is a cheaper dividend payer like Northrop Grumman actually the smarter investment today?
Overview
Now that Elon Musk's rocket company trades publicly, it is fair to ask what a modest stake might become. So how much could $5,000 in Space Exploration Technologies (NASDAQ: SPCX) be worth by 2030? It depends almost entirely on a valuation that is already sky-high.
And that concern is exactly why I think a much cheaper, profitable space company, Northrop Grumman (NYSE: NOC), may be the smarter buy right now.
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Originally published at www.fool.com.
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