Veytics Intelligence
2026-09-15 · NASDAQ

Is SpaceX a Millionaire-Maker Stock?

Key Points SpaceX's topline growth is soaring, driven by its burgeoning AI infrastructure business. Does the stock deserve its sky-high valuation? 10 stocks we like better than Space Exploration Technologies › With a market cap of $2 trillion, SpaceX (NASDAQ: SPCX) is one of the largest public companies in the world, but that hasn't stopped it from experiencing penny stock-like volatility . The shares were priced at $150 in the initial public offering (IPO), soared to an all-time high of more than $225, crashed to just under $105 before finally returning to their debut price of $150 as of the time of writing.

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