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. And the company's recent operating results are no less exciting, as new artificial intelligence (AI)-led growth drivers help dispel fears of a maturing space industrial business. Let's dig deeper into the pros and cons of SpaceX to decide if the stock still has millionaire-maker potential. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.
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