Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More than SpaceX Before 2026 is Over
Meta Platforms may be smaller, but it's producing bigger profits.
Overview
Space Exploration Technologies, better known as SpaceX, has seen its valuation fluctuate since going public just over two months ago. Its valuation hit $2.6 trillion just days after going public, but then sold off to a low of $1.4 trillion before rebounding to its current $1.8 trillion level (at the time of this writing). However, I think one stock could be worth more than SpaceX before 2026 is over, and it's currently valued at a lower level than anything SpaceX has traded at during its time on the public markets.
Meta Platforms (NASDAQ: META) is currently a $1.39 trillion company, but I think it could easily surpass SpaceX before 2026 is over for a handful of reasons, not all of them in its control.
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Originally published at www.fool.com.