What a $1,000 Investment in a SpaceX Could Be Worth in 5 Years
SpaceX has powerful growth catalysts, but its current valuation means investors need to think carefully about what the stock already prices in.
Overview
Space Exploration Technologies (NASDAQ: SPCX) is testing how much investors are willing to pay for a company that controls valuable space infrastructure.
SpaceX currently trades at a very rich valuation of nearly 82 times trailing 12-month sales. The stock's sharp rise after the IPO, followed by a pullback, suggests investors are still trying to decide how much of SpaceX's long-term opportunity is already reflected in its valuation.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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