Here's How Fast SpaceX Must Grow to Be a $5 Trillion Company by 2030
Wall Street analysts are bullish on Space Exploration Technologies.
Overview
Space Exploration Technologies' (NASDAQ: SPCX) market cap is currently hovering around $2 trillion. So, for it to reach $5 trillion by 2030, the stock must essentially rise about 150% in just over four years -- which would be a great return by any measure. If SpaceX can do this, it's a no-brainer buy right now.
But just how fast would its business need to grow to hit this level? The answer may surprise you.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.