Will SpaceX Stock Double Anytime Soon? No -- but These 3 Stocks Could
Key takeaways
- Keith Speights, The Motley Fool Mon, June 29, 2026 at 4:04 PM GMT+7 5 min read SPCX NVDA Even after its sharp pullback, Space Exploration Technologies' (NASDAQ: SPCX) market cap still hovers around $2 trillion.
- Maybe over a long period of time, the company will open up exciting new markets that could lead to its share price gaining 100% or more.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Keith Speights, The Motley Fool Mon, June 29, 2026 at 4:04 PM GMT+7 5 min read SPCX NVDA Even after its sharp pullback, Space Exploration Technologies' (NASDAQ: SPCX) market cap still hovers around $2 trillion. That's an astronomical (no pun intended) valuation for a company that generated revenue of $18.7 billion last year and posted a loss of nearly $5 billion.
Could Space X double anytime soon? It's highly unlikely. Maybe over a long period of time, the company will open up exciting new markets that could lead to its share price gaining 100% or more. However, its premium pricing and the prospects of near-term insider selling after the lockup period expires present significant hurdles to the stock doubling over the next two or three years.
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 »