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Markets · Investing · Business
Finance
Will SpaceX Land on the Moon Before 2030? Here's What Betting Markets Are Predicting Post-IPO.
Founder Elon Musk wants to establish a permanent human colony on the moon.
SpaceX(NASDAQ: SPCX) is one of the most unique businesses to ever hit public markets.
Many in the general public think of the company as a rocket stock. And this is true. SpaceX is arguably the leading rocket company in the world right now, with technology and capabilities greater than any competitor.
But SpaceX is far more than a rocket company. More than 90% of the company's claimed total addressable market, for example, deals exclusively with artificial intelligence (AI). In many ways, SpaceX should be thought of as an AI company, not a rocket company.
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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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