The much-anticipated **** eX (NASDAQ: SPCX) initial public offering has taken place, marking the biggest IPO in history and giving many retail investors their first chance to invest in one of three major U.S. artificial intelligence (AI) start-ups likely to publicly list their stock this year.
The excitement is understandable -- **** eX raised more capital than all the IPOs in 2025 put together. It's also promising orbiting data centers, **** e tourism, and cargo transport to Mars.
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 »
The momentum behind all these ambitious goals will be hard to sustain, and **** eX's stock price will likely fall in the coming weeks or months as enthusiasm wanes. Many of the claims and proposals made by **** eX's CEO, Elon Musk, are hard to quantify or prove. Minor upsets can quickly erode conviction when investing is based on speculation. Ultimately, **** eX is a risky long-term investment that's trading on short-term hype.
SpaceX has a pretty big vision to build infrastructure that will support multiplanetary life. The realities of delivering new, untested technologies can be unpredictable and expensive, and that's going to make **** eX volatile.
The excitement is understandable -- **** eX raised more capital than all the IPOs in 2025 put together. It's also promising orbiting data centers, **** e tourism, and cargo transport to Mars.
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 »
The momentum behind all these ambitious goals will be hard to sustain, and **** eX's stock price will likely fall in the coming weeks or months as enthusiasm wanes. Many of the claims and proposals made by **** eX's CEO, Elon Musk, are hard to quantify or prove. Minor upsets can quickly erode conviction when investing is based on speculation. Ultimately, **** eX is a risky long-term investment that's trading on short-term hype.
SpaceX has a pretty big vision to build infrastructure that will support multiplanetary life. The realities of delivering new, untested technologies can be unpredictable and expensive, and that's going to make **** eX volatile.
3 months ago
