SpaceX a Millionaire-Maker Stock?

SpaceX’s stock has swung widely since its IPO in June, opening at $150 after debuting at $135 a share, then surging above $225 before dropping to around $108. The shares later rebounded to roughly $144—still below the level at which they opened but above the IPO price. The piece argues that day-to-day volatility makes short-term forecasting difficult and frames the question for long-term investors: whether SpaceX can become a “millionaire-maker” stock via sustained growth and profitability. It points to Starlink adding 1.7 million net subscribers in Q2, while expenses are rising nearly as quickly as revenue, and says SpaceX still lacks the positive net income seen in other similarly valued companies.