A $10,000 stake in SpaceX at current levels could grow significantly by 2027 amid heavy AI and connectivity investments.
SpaceX (NASDAQ: SPCX) has fallen 34% from its post-IPO peak, erasing early gains as investors reassess growth prospects. The decline follows a rapid ascent after its public debut, with shares now trading well below initial highs.
The company’s AI division generated $2.56 billion in Q2 revenue, driven by its xAI acquisition, but capital expenditures surged to $15.8 billion to expand computing capacity. Meanwhile, its space segment contributed just $962 million, remaining unprofitable and reliant on future potential.
Starlink, SpaceX’s connectivity arm, remains the primary revenue driver, though the stock’s valuation reflects long-term bets on AI and space innovation rather than current profitability.