SpaceX Could Weather a Recession. But Its Stock Might Not. Here's Why.

While SpaceX's business fundamentals are strong with recurring Starlink revenue, rapid AI growth, and substantial cash reserves, the article warns that the stock could still decline during a recession due to its extremely high valuation (64x price-to-sales ratio). Even if the company performs well operationally, investor sentiment shifts and reduced appetite for growth stocks could cause share prices to fall significantly.