SpaceX Is a Secret Autonomous Driving Stock. Here's Why.

SpaceX's recent IPO raised $86 billion, with over 90% of its $28.5 trillion total addressable market focused on AI. The company plans to deploy capital aggressively toward scaling its AI business, which is critical for autonomous driving development. Tesla's $2 billion investment in xAI (which merged with SpaceX) positions it to benefit significantly from SpaceX's AI investments, particularly for self-driving capabilities and the emerging robotaxi market.