Wall Street Sees SpaceX Surpassing Nvidia in Long-Term Valuation
Key takeaways
- Its stock has pulled back since then, but it's still in the top 10 as of June 25.
- The space company's fast rise drew comparisons to Nvidia (NASDAQ: NVDA), the chipmaker that's currently the world's most valuable business.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Lyle Daly, The Motley Fool Mon, June 29, 2026 at 4:27 AM GMT+7 5 min read SPCX NVDA On June 16, just its third day of trading, Space Exploration Technologies (NASDAQ: SPCX), also known as Space X, was briefly the fourth-largest company by market cap. Its stock has pulled back since then, but it's still in the top 10 as of June 25.
The space company's fast rise drew comparisons to Nvidia (NASDAQ: NVDA), the chipmaker that's currently the world's most valuable business. Some Wall Street analysts have even predicted that SpaceX's market cap could surpass Nvidia's. Here's a look at the most bullish projections and how these two companies really compare.
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 »