After Losing More Than $1 Trillion in Market Cap, This Artificial Intelligence (AI) Stock Will Become the Most Valuable Business in the World, According to Elon Musk | The Motley Fool

摘要: Space Exploration Technologies

+0.89%

began as a wager that rockets could be reused, launching into orbit could be cheap, and a private-

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Space Exploration Technologies

+0.89%

began as a wager that rockets could be reused, launching into orbit could be cheap, and a private-sector business might be the vessel that carries civilization beyond a single planet.

While this origin story still sits at the center of the company's mission, SpaceX has changed some of its broader ambitions. Before its historic IPO, SpaceX absorbed xAI and subsequently folded rockets, Starlink, X (formerly Twitter), and a frontier

generative AI model

(Grok) into one vertically integrated moonshot. SpaceX CEO Elon Musk explained the rationale for this structure in a post on X: "You don't seem to understand that SpaceX will be worth more than the rest of Earth if we accomplish our goals."

This sentence is either a generational prophecy or hubristic salesmanship. Investors now have to decide which.

Image source: Getty Images.

A full analysis of the SpaceX IPO

When SpaceX opened on the

in early June, shares came in at $150. By the end of its opening-day session, SpaceX boasted a market capitalization of $2.1 trillion -- immediately propelling it among the ranks of the

world's most valuable companies

.

The aftermath of SpaceX's debut has been less ceremonial. The stock peaked at $225.64 just four days following the IPO but has spent most of the summer learning how gravity works. By late July, shares dipped as low as $108 -- wiping out more than $1 trillion from SpaceX's market value. As of this writing (Aug. 26), SpaceX stock is changing hands around $138 -- essentially in line with the offering price of $135.

Space Exploration Technologies

Today's Change

0.89

1.24

Current Price

140.87

Key Data Points

Market Cap

$1.9T

Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Day's Range

138.60

• $

142.06

52wk Range

104.83

• $

225.64

来源: Brave/fool.com