Starlink Is Now SpaceX's Cash Machine. Can It Help the Stock Double?

While Starlink has become SpaceX's most profitable division, generating $1.7 billion in operating profit last quarter, the article argues that Starlink's success alone won't be enough to significantly drive SpaceX's stock price higher. The company's long-term growth potential depends primarily on its AI division, which represents $26.5 trillion of SpaceX's $28.6 trillion total addressable market, while Starlink accounts for only $1.6 trillion. Starlink's main value lies in generating cash flow to fund other growth initiatives rather than driving stock appreciation independently.