Elon Musk Sees SpaceX Hitting $1 Trillion in Revenue by 2030. It Could Be Beaten to That Mark by This Artificial Intelligence (AI) Stock
Key takeaways
- The Elon Musk-led company, popularly known as Space X, is now valued at $2.66 trillion.
- Space X is in the business of designing, manufacturing, and launching rockets and spacecraft.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Harsh Chauhan, The Motley Fool Fri, June 19, 2026 at 9:09 PM GMT+7 5 min read SPCX NVDA Space Exploration Technologies (NASDAQ: SPCX) created history this month by pulling off a record initial public offering (IPO) in which it raised $75 billion. The Elon Musk-led company, popularly known as Space X, is now valued at $2.66 trillion.
Space X is in the business of designing, manufacturing, and launching rockets and spacecraft. The company aims to cut space transportation costs through its reusable rockets. Additionally, it offers high-speed internet to users in remote locations through Starlink. Musk has high expectations for SpaceX, which generated $18.7 billion in revenue last year, up 33% from 2024 levels.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »