Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a> <\/p>\n SpaceX’s founder and CEO, Elon Musk, claims the company’s annual revenue could reach $1 trillion by 2030. That would represent a 122% CAGR from its $18.7 billion in revenue in 2025. Wall Street’s analysts believe SpaceX’s annual revenue could reach $330 billion to $470 billion, representing 5-year CAGRs of 78% and 91%, respectively, if everything goes right. <\/p>\n To hit those targets, SpaceX needs to aggressively expand its launch (Falcon and Starship), Starlink, and xAI businesses. Starship, its largest rocket ever, could reduce its cost to orbit to less than $100 per kilogram and wipe out its smaller competitors in space logistics. <\/p>\n Starlink, which already serves over 10.3 million subscribers, could gain tens of millions more users across the enterprise, maritime, aviation, and defense sectors. Starlink is already profitable, and its profits will surge even higher as economies of scale kick in. <\/p>\n The xAI segment, which handles Grok, X, Cursor, and other AI-related<\/a> businesses, could evolve into an AI infrastructure company as it launches its first orbital data centers. It would support that expansion with its launch and Starlink businesses. <\/p>\n The bear case against SpaceX <\/p>\n The bears will point out that SpaceX is still unprofitable, since Starlink’s profits aren’t offsetting the steep losses in its space and AI divisions. At $2.04 trillion, it’s already valued at 109 times last year’s sales — so it looks expensive relative to its past growth. <\/p>\n SpaceX recently diluted its investors with its $60 billion all-stock takeover of the AI coding start-up Cursor, and it just announced another $25 billion bond offering — even though it raised a record $75 billion in its IPO. Those issues could all limit its gains, especially if interest rates surge and drive investors away from speculative stocks. <\/p>\n Where will SpaceX be in 2030? <\/p>\n I believe SpaceX will struggle to achieve its ambitious near-term goals — which rely on hundreds of flawless launches, low interest rates, and rock-solid economic growth — by 2030. Instead, a more realistic target might be a 30% CAGR (compared to its 33% revenue growth in 2025) from 2025 to 2030 — which would still boost its revenue to $69.4 billion by the final year. <\/p>\n With a generous price-to-sales ratio of 30, it would have a market cap of $2.08 trillion in 2030. That 2% gain would only turn a $10,000 investment into about $10,200, so investors probably shouldn’t go all-in on SpaceX until it posts its first quarterly reports. <\/p>\n Should you buy stock in Space Exploration Technologies right now? <\/p>\n Before you buy stock in Space Exploration Technologies, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $382,359!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,201,390!* <\/p>\n Now, it’s worth noting\u00a0Stock Advisor’s total average return is 883% \u2014 a market-crushing outperformance compared to 205% for the S&P 500.\u00a0Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built by individual investors for individual investors. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of June 26, 2026. <\/p>\n Leo Sun<\/a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Getty Images. The bullish case for SpaceX <\/p>\n