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Could SpaceX Stock Make You a Millionaire? This Is the Simple Answer

The Motley Fool·
Could SpaceX Stock Make You a Millionaire? This Is the Simple Answer

SpaceX's $2 trillion valuation following its record $75 billion IPO limits its potential for explosive returns. While the company has ambitious plans for interplanetary travel and a $28.5 trillion addressable market, achieving 10x returns would require it to become the world's most valuable company by a significant margin—a difficult feat given the law of large numbers. Most wealth creation from SpaceX occurred in private markets before the IPO.

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