Is This Asset the Secret to SpaceX's Success? (Hint: It Has Nothing To Do With Space or Starlink)
SpaceX's revenue is set to double by the end of the year thanks to a booming data center business.
Is This Asset the Secret to SpaceX's Success? (Hint: It Has Nothing To Do With Space or Starlink)
Overview
There's never been a company like Space Exploration Technologies (NASDAQ: SPCX) before.
While investors might refer to SpaceX as a space stock, it's really three businesses rolled into one.
Details
There's the core space business, which includes the reusable Falcon 9 rocket booster, the first rocket to ever land itself, and Starship, the biggest launch vehicle ever made, designed to carry more than 100 metric tons and eventually more than 100 people to the moon and Mars. Starship is currently being used for test flights, rather than full missions.
Source
Originally published at www.fool.com.
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