SpaceX Hisse Senedi Halka Arz Sonrası Zirvesinden % 34 Düştü. Bugün 10.000 $ 'lık bir yatırım, 2027' nin sonuna kadar bu kadar değebilir. (NASDAQ: SPCX)

SpaceX Stock Is Down 34% From Its Post-IPO Peak. A $10,000 Investment Today Could Be Worth This Much by the End of 2027. (NASDAQ: SPCX)

Keithen Drury, The Motley Fool

Mon, August 10, 2026 at 12:20 PM GMT+3 3 min read

• SPAX.PVT
• NVDA +2.27%

Following its IPO, Space Exploration Technologies (NASDAQ: SPCX) started hot, setting new all-time highs for a couple of trading days in a row. Then the selling started. It hasn't really stopped, either, as it's down 34% from its all-time high. That may have some investors worried about the future, but should they be? After all, SpaceX is involved in a handful of the biggest growth categories expected to affect the market over the next couple of decades.

If you invested $10,000 today, what would that be worth by the end of next year? Let's take a look.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

SpaceX has a lot of future success priced into the stock already

SpaceX is involved in three primary businesses: space, connectivity, and AI. It's an AI player thanks to its acquisition of xAI, the makers of Grok. AI made SpaceX the second-highest amount of revenue in the second quarter, totaling $2.56 billion. However, SpaceX is investing heavily in this division, too, because it spent $15.8 billion on capital expenditures to build out AI computing capacity.

Probably the most shocking thing about SpaceX is that its space division actually makes the least amount of money -- $962 million in revenue during Q2. It's also not profitable, so this seems more like a future bet than a viable business right now.

SpaceX's connectivity division, which mainly consists of Starlink internet, is the company's most successful segment. It saw revenue of $4.3 billion and produced a $1.6 billion operating profit.

So, at the end of the day, SpaceX is an internet company that spends heavily on AI and likes to send rockets into space. While that may be an uninspiring assessment of SpaceX's business, it's the reality. That doesn't mean it's not a strong business, as its revenue grew 92% year over year. Any company growing that fast is worth considering, but has too much growth been priced into the stock?

If we annualize SpaceX's $7.8 billion in revenue, it amounts to $31.2 billion. SpaceX is currently a $1.7 trillion company. That values SpaceX at around 56 times sales, not a cheap price tag for any stock. This means there's a ton of growth already priced into the stock, and it could be difficult for it to rise from here.

So, what could a $10,000 investment be worth by the end of next year? If the business continues to grow at its current pace and there's no significant space or AI breakthrough, then I think a $10,000 investment will likely be worth $10,000 or less by the end of next year. There's still a lot of hype priced into SpaceX's stock, and there are plenty of other stocks that look like far better investment options.

Should you buy stock in Space Exploration Technologies right now?

Before you buy stock in Space Exploration Technologies, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn't one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $399,832!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,374,595!*

That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul.

See the 10 stocks »

*Stock Advisor returns as of August 10, 2026.

Keithen Drury has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

SpaceX Stock Is Down 34% From Its Post-IPO Peak. A $10,000 Investment Today Could Be Worth This Much by the End of 2027. (NASDAQ: SPCX) was originally published by The Motley Fool