FOOL
Elon Musk Just Delivered Spectacular News for SpaceX Stock Investors
• SpaceX's ambitious 2027 revenue forecast of $500B-$1T hinges on AI growth.
• Stock trades at 67.5x sales, but could fall to 4.3x if forecast met.
• Long-term synergies between AI infrastructure and Starlink offer upside potential.
Elon Musk founded SpaceX in 2002 to lower space transport costs. The company has expanded into satellite internet and AI, leading to a recent IPO. SpaceX stock peaked at $225 after its June listing but has since fallen 29% to $159.31. Musk forecasts annualized revenue of $500B-$1T by end-2027, driven by the SI segment, which posted $7.56B in Q3 revenue, up 830% YoY. This implies ambitious growth from the $32B trailing four-quarter revenue. At $500B revenue, the forward P/S could drop to 4.3x. Future synergies between SI and connectivity businesses, including space-based AI infrastructure via Starmind satellites, could support the forecast. While the valuation is high, long-term holders may benefit.
October 25, 2026 at 11:10 AMNVDASPCX