{"id":491536,"date":"2026-06-09T23:52:13","date_gmt":"2026-06-09T23:52:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/491536\/"},"modified":"2026-06-09T23:52:13","modified_gmt":"2026-06-09T23:52:13","slug":"goldman-sachs-just-made-a-bold-statement-about-spacex-heres-why-im-not-buying-it","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/491536\/","title":{"rendered":"Goldman Sachs Just Made a Bold Statement About SpaceX. Here&#8217;s Why I&#8217;m Not Buying It"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Banking giant Goldman Sachs (NYSE: GS) is the lead underwriter for the historic SpaceX initial public offering (IPO) happening on June 12, so its main job is to market it and pitch it to institutions.<\/p>\n<p class=\"yf-1fy9kyt\">And while many may be focusing on SpaceX&#8217;s space exploration and Starlink businesses, Goldman Sachs thinks SpaceX&#8217;s AI segment &#8212; which it acquired through the merger with <a href=\"https:\/\/www.fool.com\/investing\/how-to-invest\/famous-investors\/elon-musk-investments\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=253056b0-97da-444e-a28e-2b97d69cd923\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Elon Musk;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Elon Musk&quot;}\" class=\"link \">Elon Musk<\/a>&#8216;s other company, xAI &#8212; could grow 100-fold by 2030.<\/p>\n<p class=\"yf-1fy9kyt\">Will AI create the world&#8217;s first trillionaire?\u00a0Our team just released a report on the one little-known company, called an &#8220;Indispensable Monopoly&#8221; providing the critical technology Nvidia and Intel both need.\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=6a2c0051-bb72-4733-9204-b292e1786480&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-ai-boom-nvidias%3Faid%3D10891%26source%3Disaediica0000069%26ftm_cam%3Dsa-ai-boom%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D18914&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=253056b0-97da-444e-a28e-2b97d69cd923\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Continue \u00bb;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Continue \u00bb&quot;}\" class=\"link \">Continue \u00bb<\/a><\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/bf8a060b97d90c462cbe00aed2ac2023.jpeg\" alt=\"Digital globe with glowing network connections and illuminated cities.\" loading=\"eager\" height=\"540\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Image source: Getty Images.      <\/p>\n<p class=\"yf-1fy9kyt\">SpaceX&#8217;s AI division made $3.2 billion in 2025. To meet Goldman Sachs&#8217; prediction, the division would need to grow to $322 billion by 2030. This would be an average annual growth rate of 151%, which is a tough ask, to say the least. For perspective, that&#8217;s a little more than Microsoft&#8217;s total revenue in its past four quarters combined.<\/p>\n<p class=\"yf-1fy9kyt\">With the projected growth of SpaceX&#8217;s AI division, Goldman Sachs says SpaceX&#8217;s total revenue could reach $474 billion by 2030, up from $18.7 billion last year.<\/p>\n<p class=\"yf-1fy9kyt\">Things would have to go virtually perfectly for SpaceX to hit Goldman Sachs&#8217; projections. I personally think the lofty projects are a way to justify the high valuation SpaceX is seeking. It plans to <a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/06\/spacex-important-detail-about-ipo-what-know\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=253056b0-97da-444e-a28e-2b97d69cd923\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:sell its initial shares;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;sell its initial shares&quot;}\" class=\"link \">sell its initial shares<\/a> at $135 each, raising $75 billion and valuing the company around $1.77 trillion. That would instantly make it one of the world&#8217;s top 10 most valuable public companies.<\/p>\n<p class=\"yf-1fy9kyt\">Anything is possible, but I&#8217;d be very surprised if SpaceX reaches those projections.<\/p>\n<p>      Missed Nvidia in 2009? This Rare Signal Is Flashing Again    <\/p>\n<p class=\"yf-1fy9kyt\">In 2009, a &#8220;Double Down&#8221; signal flashed for a little-known chipmaker called Nvidia. If you\u2019d invested $5,000 then,\u00a0you\u2019d be sitting on\u00a0$2,709,074\u00a0today.*<\/p>\n<p class=\"yf-1fy9kyt\">Now, for the first time in years, that same\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=e6688fcb-4484-4062-9978-78f90bb483f3&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-total-conviction%3Faid%3D11123%26source%3Disaeditxt0001215%26ftm_cam%3Dsa-dd-4%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D19385&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=253056b0-97da-444e-a28e-2b97d69cd923\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:&quot;Total Conviction&quot; signal;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;&amp;quot&quot;}\" class=\"link \">&#8220;Total Conviction&#8221; signal<\/a>\u00a0is flashing for a company 1\/100th the size of Nvidia. It\u2019s a key player in the $1.8 trillion space race, and with the stock recently sitting 20% off its highs, the window to get in early is closing fast.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=e6688fcb-4484-4062-9978-78f90bb483f3&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-total-conviction%3Faid%3D11123%26source%3Disaeditxt0001215%26ftm_cam%3Dsa-dd-4%26ftm_pit%3D19385%26ftm_veh%3Darticle_pitch_feed_yahoo&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=253056b0-97da-444e-a28e-2b97d69cd923\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Continue \u00bb;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Continue \u00bb&quot;}\" class=\"link \">Continue \u00bb<\/a><\/p>\n<p class=\"yf-1fy9kyt\">*Stock Advisor returns as of June 9, 2026<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.fool.com\/author\/20466\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Stefon Walters;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Stefon Walters&quot;}\" class=\"link \">Stefon Walters<\/a> has positions in Microsoft. The Motley Fool has positions in and recommends Goldman Sachs Group and Microsoft. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;disclosure policy&quot;}\" class=\"link \">disclosure policy<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/09\/goldman-sachs-statement-spacex-why-buy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Goldman Sachs Just Made a Bold Statement About SpaceX. Here&#039;s Why I&#039;m Not Buying It;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Goldman Sachs Just Made a Bold Statement About SpaceX. Here&#039;&quot;}\" class=\"link \">Goldman Sachs Just Made a Bold Statement About SpaceX. Here&#8217;s Why I&#8217;m Not Buying It<\/a> was originally published by The Motley Fool<\/p>\n","protected":false},"excerpt":{"rendered":"Banking giant Goldman Sachs (NYSE: GS) is the lead underwriter for the historic SpaceX initial public offering (IPO)&hellip;\n","protected":false},"author":2,"featured_media":491537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[7316,61,6455,60,82,247,2306],"class_list":["post-491536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-goldman-sachs","tag-ie","tag-initial-public-offering","tag-ireland","tag-science","tag-space","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/491536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=491536"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/491536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/491537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=491536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=491536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=491536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}