SpaceX Stock Volatility Increases and Space Economy Outlook in Four Months Since Listing
SPCX Space Exploration Technologies Corp
$162.57 +1.25%
View chart & analysis → - 1SpaceX recorded a 56% rise and a 49% fall in its stock price during this period following its IPO.
- 2KPMG estimates the global space economy is currently at $433 billion in annual revenue and will reach $600 billion by 2030.
- 3McKinsey predicts a $1.8 trillion space economy by 2035.
So what's the key point?
SpaceX stock prices have fluctuated significantly in the four months since listing. The size of the space economy is expected to grow to $600 billion by 2030.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.