{"id":764105,"date":"2026-07-15T09:57:23","date_gmt":"2026-07-15T09:57:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/764105\/"},"modified":"2026-07-15T09:57:23","modified_gmt":"2026-07-15T09:57:23","slug":"is-spacex-stock-a-millionaire-maker-there-are-2-things-that-will-define-that-answer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/764105\/","title":{"rendered":"Is SpaceX Stock a Millionaire Maker? There Are 2 Things That Will Define That Answer."},"content":{"rendered":"

There’s a strong case to be made that Space Exploration Technologies (SPCX<\/a> 2.24%), better known as SpaceX, is the most hyped initial public offering (IPO) of all time. It raised a record $75 billion during its IPO, hitting the market with an initial valuation of $1.77 trillion — making it one of the world’s most valuable companies.<\/p>\n

There are tons of people excited about SpaceX as a company, but there are also tons of people who are only excited about the stock and how much money it could potentially make them. They see CEO Elon Musk<\/a> as a visionary who made plenty of millionaires through Tesla (TSLA<\/a> +0.39%) and wonder if SpaceX is on that same path<\/a>.<\/p>\n

\"A<\/p>\n

Image source: Getty Images.<\/p>\n

Two questions that may guide the answer<\/p>\n

Two key factors will heavily influence whether or not a stock can be a millionaire maker: How much someone can initially invest and how much time they have to stay invested in the stock.<\/p>\n

If you have $800,000 to invest in a stock, it’s much easier to hit the million-dollar mark, since the investment only needs to grow 25%, compared with having $100,000 to invest and needing it to grow tenfold. The same goes for timing. If you have $100,000 to invest and 20 years on your side, the chances of hitting the million-dollar mark are much higher than if you were trying to accomplish it in five years.<\/p>\n

So, which is most important in SpaceX’s case?<\/p>\n

\"Space<\/p>\n

Space Exploration Technologies<\/p>\n

Today’s Change<\/p>\n

(-2.24%) $-3.12<\/p>\n

Current Price<\/p>\n

$136.02<\/p>\n

Key Data Points<\/p>\n

Market Cap<\/p>\n

$1.8TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.<\/p>\n

Day’s Range<\/p>\n

$136.00 – $143.33<\/p>\n

52wk Range<\/p>\n

$135.52 – $225.64<\/p>\n

Volume<\/p>\n

6.5K<\/p>\n

Avg Vol<\/p>\n

144.9M<\/p>\n

The numbers don’t currently work in SpaceX’s favor<\/p>\n

The average investor is much more likely to have 20 years to invest than to have hundreds of thousands to invest in a lump sum. So, for the sake of this example, we’ll assume someone has $50,000 to invest in SpaceX right now (which is still a lot, to be fair), meaning their investment would need to grow by 20x to reach $1 million.<\/p>\n

At the time of this writing, SpaceX is valued at $1.82 trillion<\/a>, so increasing its value by 20x would put it at $36.4 trillion. Some Wall Street analysts have said they see SpaceX’s valuation reaching the $30 trillion ballpark in the next 15 to 20 years, so it’s not impossible by any means. However, it’s very unlikely, in my opinion.<\/p>\n

SpaceX’s initial large valuation works against it. This isn’t a situation like Tesla, whose initial valuation was $1.7 billion when it went public in June 2010. It’s much easier to increase 20x in valuation to reach $34 billion from there than it is when you’re starting from nearly $2 trillion.<\/p>\n

A $5,000 investment in Tesla during its IPO would be worth over $1.2 million today — with most gains coming after 2020 — but I don’t see that happening with SpaceX.<\/p>\n

\"TSLA<\/a><\/p>\n

TSLA<\/a> data by YCharts<\/a><\/p>\n

SpaceX needs to deliver on ambitious projects<\/p>\n

I do not doubt that SpaceX will eventually make some retail investors millionaires (it has already made plenty of private investors<\/a> millionaires). Some people have large lump sums to invest, and others realistically have at least 30 years of investing ahead of them to take advantage of compounding growth.<\/p>\n

However, I don’t believe it will happen for the average investor anytime in the next decade or so.<\/p>\n

SpaceX’s business is solid right now, as the largest space launch company, owner of lucrative AI infrastructure, and with a flourishing Starlink business, but that’s not what will make the average investor a millionaire. It’s going to take delivering on very ambitious projects, such as space data centers, and growing into what SpaceX has predicted is the largest total addressable market in history ($28.5 trillion).<\/p>\n

Of course, we can never predict how the stock market will perform, and anything is possible, but realistically, investors are better off looking elsewhere for a millionaire-maker stock. And it’s likely not one that’s currently valued in the trillions.<\/p>\n","protected":false},"excerpt":{"rendered":"There’s a strong case to be made that Space Exploration Technologies (SPCX 2.24%), better known as SpaceX, is…\n","protected":false},"author":2,"featured_media":764106,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28],"class_list":["post-764105","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/764105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=764105"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/764105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/764106"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=764105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=764105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=764105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}