One stock that has divided investors since its debut in June is ****** e Exploration Technologies (NASDAQ: SPCX). The Elon Musk-backed company had the largest IPO ever, and the stock has been volatile ever since, shooting up to over $225, then crashing to under $105 before settling in around its current price of roughly $135.
Let's dig into why this growth stock could skyrocket higher and also why it could eventually crash.
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 is a bet on the future and the vision of Elon Musk, who isn't afraid to make big, bold bets, and ****** eX has become his primary vehicle for that. Eventually, I would expect the company to acquire Tesla to put all his ambitions under one roof.
Perhaps the most important technological achievement the company has attained thus far is building reusable rockets. This greatly reduces launch costs and sets the company up for its future ****** e aspirations. It is now working to take this technology to its massive Starship rockets, which would then open the door to putting data centers in ****** e.

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