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SpaceX stock price already reflects future growth expectations

The Motley Fool +1 ·

SPCX Space Exploration Technologies Corp
$167.60 -2.51%
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  1. 1xAI, the AI division of SpaceX, recorded 213% growth in the second quarter.
  2. 2As of Tuesday morning, SpaceX's share price stood at approximately $174.
  3. 3Much of the future growth expectation is already reflected in SpaceX's current stock price.

So what's the key point?

The AI division xAI grew significantly by 213% in the second quarter. However, much of this future expectation is already included in SpaceX's current stock price.

Source The Motley Fool +1 · View original ↗

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