Is SpaceX a Millionaire-Maker Stock?

SpaceX, trading near its $150 IPO price with a $2 trillion market cap, shows impressive growth driven by AI infrastructure business (33% of revenue), but faces challenges as a millionaire-maker investment. While Q2 revenue surged 92% and operating losses narrowed significantly, the stock's P/S ratio of 70 reflects high expectations already priced in. Analysts caution that AI demand sustainability remains uncertain, with 45% of fund managers viewing an AI bubble as a major market risk.