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Markets · Investing · Business
Finance
SpaceX Stock-Split Watch: Here's When It Should Happen
SpaceX is likely to conduct a stock split in the future.
Space Exploration Technologies(NASDAQ: SPCX) claims to be targeting the biggest growth opportunity of any company in history.
"We believe we have identified the largest actionable total addressable market in human history," the company boasted in its IPO prospectus. "We estimate that our quantifiable TAM is $28.5 trillion."
Details
While the company is already valued at roughly $2 trillion, that growth runway gives the space stock plenty of room to run over the long term.
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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.
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