Key Points SpaceX represents a unique opportunity to invest in a launch, connectivity, and AI conglomerate. The stock trades at a premium valuation, and the business is unprofitable and likely to keep spending. SpaceX stock could be a good buy, but only for investors with a long-term time horizon. 10 stocks we like better than Space Exploration Technologies › Although it's only been a few months since Space Exploration Technologies (NASDAQ: SPCX) went public, the ride has already been quite messy. After its record IPO in June, SpaceX stock initially ripped higher, only to be cut in half from its peak, and now sits around its opening-day $2 trillion valuation .
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