◆ NeutralSPCX

SpaceX Just Posted Its First Profitable Quarter. Is Now the Time to Buy the Stock?

The Motley Fool·
SpaceX Just Posted Its First Profitable Quarter. Is Now the Time to Buy the Stock?

SpaceX achieved its first profitable quarter as a public company with $0.35 EPS, driven by strong performance in its Connectivity (Starlink) and Super Intelligence (AI) divisions. While the AI segment showed explosive 830% year-over-year growth, the stock trades at a premium 114x earnings valuation. The analyst suggests the company is on the right track but needs to triple earnings to reach reasonable valuation levels, making it a potential long-term buy for believers in its future despite current high valuation.

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