Elon Musk's ***** e transportation, satellite internet connectivity, and artificial intelligence (AI) company, ***** e Exploration Technologies (NASDAQ: SPCX), went public on June 12, and opened that trading session at $150 per share. In the days that followed, the stock soared to an all-time high of $225.64, but it has since plunged back to about $150 as investors grapple with its sky-high valuation.
SpaceX has a market capitalization of $2 trillion as I write this, and with just $19.3 billion in trailing-12-month revenue, that gives it a price-to-sales (P/S) ratio of 103. That's 16 times more expensive than the average for the tech-heavy Nasdaq-100 index. As a result, I won't be surprised if ***** eX declines from here.
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 »
If I had $10,000 to invest in one stock for my diversified portfolio, I'd definitely consider an alternative. Here's why Nvidia (NASDAQ: NVDA) might be a much better buy than ***** eX for the long term.
Nvidia supplies the world's best graphics processing units (GPUs) for data centers, and its chips are still the main providers of parallel processing power for AI training and inference workloads. The company's dominance in that niche started in 2022 with the H100 GPU, which was built on the Hopper architecture. But in the years since, Nvidia has launched its Blackwell and Blackwell Ultra GPU architectures, the latter of which can deliver up to 50 times better performance than Hopper-based chips in certain configurations.
SpaceX has a market capitalization of $2 trillion as I write this, and with just $19.3 billion in trailing-12-month revenue, that gives it a price-to-sales (P/S) ratio of 103. That's 16 times more expensive than the average for the tech-heavy Nasdaq-100 index. As a result, I won't be surprised if ***** eX declines from here.
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 »
If I had $10,000 to invest in one stock for my diversified portfolio, I'd definitely consider an alternative. Here's why Nvidia (NASDAQ: NVDA) might be a much better buy than ***** eX for the long term.
Nvidia supplies the world's best graphics processing units (GPUs) for data centers, and its chips are still the main providers of parallel processing power for AI training and inference workloads. The company's dominance in that niche started in 2022 with the H100 GPU, which was built on the Hopper architecture. But in the years since, Nvidia has launched its Blackwell and Blackwell Ultra GPU architectures, the latter of which can deliver up to 50 times better performance than Hopper-based chips in certain configurations.
18 days ago
