What a $10,000 Investment in SpaceX Could Return by 2030
This AI and aerospace company has a lot to prove.
Overview
SpaceX (NASDAQ: SPCX) has taken investors on a wild ride since its June 12 IPO. It went public at $135 per share, reached a record high of $225.64 on June 16, but now trades at about $150. That volatility wasn't surprising, since it was the biggest IPO in history, with a debut valuation of $1.77 trillion, and a divisive stock.
The bulls expect its aerospace and AI businesses to grow exponentially, while the bears believe it's speculative and overvalued. Let's review both arguments and see how much a $10,000 investment in SpaceX could be worth by the end of 2030.
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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.