SpaceX vs Nvidia: Which Stock Will Be Worth More in 5 Years?
The success of both of these stocks hinges significantly on their opportunities related to artificial intelligence.
Overview
Nvidia (NASDAQ: NVDA) remains the top company in the world, with a market cap of around $5 trillion. This year, however, there has been a bit less excitement around the business, particularly as new growth stocks have taken center stage, including Space Exploration Technologies Corp (NASDAQ: SPCX), better known as just SpaceX.
Right now, there's still a fairly large delta between their two valuations. But with Nvidia facing an uptick in competition in the chipmaking business, and with SpaceX eyeing some incredibly huge growth opportunities, the gap could shrink in the future. Will Nvidia still be the more highly valued company in five years, or could SpaceX end up overtaking it?
Image source: Getty Images.
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Originally published at www.fool.com.