Key Points SpaceX doubled down on its goal of reaching $100 billion in annual recurring revenue (ARR) by year's end. xAI has been doing the heavy lifting, adding more than $47 billion in ARR over the past four months alone. The numbers suggest SpaceX may hit this benchmark, but there are more on the horizon. 10 stocks we like better than Space Exploration Technologies › Space Exploration Technologies (NASDAQ:SPCX) , aka SpaceX, continues to make history. The rocket launch, satellite, and artificial intelligence (AI) company had an initial public offering (IPO) for the record books, raising $85.7 billion in its public debut, with its market cap surging past $2 trillion on its first day of trading. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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