You Can Do Better Than SpaceX Right Now. Here Are 2 Stocks to Buy Instead.
SpaceX's business is attractive, but the stock is expensive.
Overview
I am a huge fan of SpaceX (NASDAQ: SPCX) as a business. The company has an incredible track record of lowering the cost of launching payloads into space. And SpaceX's biggest growth initiatives -- which include everything from launching data centers into space to establishing a human colony on the moon -- are nothing less than jaw-dropping.
But with SpaceX's market cap of $2 trillion, I'm just not sure how much long-term upside there is to the stock at this point. If you're looking for exciting growth investments with huge long-term potential, the two stocks below may be better options.
Details
Rivian (NASDAQ: RIVN) remains one of my top growth stocks for 2026. The company trades at a deep discount to other EV stocks such as Tesla (NASDAQ: TSLA). Yet this year, it is scaling its first affordable vehicle -- its R2 SUV with a starting price under $50,000 -- and is heavily invested in AI and autonomous driving. The latter should help it target the robotaxi market, which some experts believe will be a $10 trillion opportunity. Rivian's market cap hovers around $20 billion despite promising growth potential.
Source
Originally published at www.fool.com.