Predicting the Value of a $10,000 Bet on SpaceX by 2030
The answer will largely depend on whether its extensive AI investments pay off.
Overview
Space Exploration Technologies (NASDAQ: SPCX), more commonly known as SpaceX, completed the largest IPO in history in June, opening its first day of trading at a price of $150 per share. As many expected, the stock has been extremely volatile in the months since, surging as high as $225.64 and slumping at one point to a low of $104.83.
Despite that, SpaceX remains one of the more popular growth stocks. It is, after all, a space and AI company led by Elon Musk. If you're considering a big bet on SpaceX, here's a look at what a $10,000 investment in it could be worth by 2030.
Image source: The Motley Fool.
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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.