SpaceX Stock Is Down 28% From Its All-Time High. Here's What $10,000 Invested Today Could Be Worth by 2031.
After a blockbuster 2026 debut, where will SpaceX be in 2031?
Overview
Perhaps few stocks can divide a room faster than Space Exploration Technologies (NASDAQ: SPCX). Many investors love the stock; many absolutely don't. Either way, most eyes have been on the space stock since its blockbuster IPO in June, which raised a record $75 billion and valued SpaceX at about $1.8 trillion.
Following its explosive debut, SpaceX shot up to an all-time closing high of roughly $211. Today it trades at around $152, roughly 28% lower. That sharp pullback begs the question: What will SpaceX be worth in five years?
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Details
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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.