Here's the No. 1 Reason I Wouldn't Touch SpaceX's Stock Right Now
Key takeaways
- Despite the hype surrounding Space X and its initial pop, there s one reason I wouldn t touch the stock right now: it s too expensive and therefore too susceptible to a sudden pullback.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- A company s price-to-sales (P/S) ratio tells you how much you re paying for every dollar of its revenue.
Stefon Walters, The Motley Fool Tue, June 23, 2026 at 5:10 PM GMT+7 2 min read SPCX NVDA Space Exploration Technologies (NASDAQ: SPCX) (Space X) debuted on the stock market on June 12 as the largest initial public offering (IPO) in history, and after its one week, it was the world s sixth-most-valuable company, with a market cap of just over $2.43 trillion. Despite the hype surrounding Space X and its initial pop, there s one reason I wouldn t touch the stock right now: it s too expensive and therefore too susceptible to a sudden pullback.
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 »
A company s price-to-sales (P/S) ratio tells you how much you re paying for every dollar of its revenue. The higher the P/S ratio, the more expensive a stock is considered. Using SpaceX s June 18 market cap and its $18.67 billion in 2025 revenue, its P/S ratio was be 130.2, which is extremely expensive.