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Massively Undervalued Artificial Intelligence (AI) Stock That Could Be Worth More Than SpaceX Within 12 Months

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Massively Undervalued Artificial Intelligence (AI) Stock That Could Be Worth More Than SpaceX Within 12 Months
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Massively Undervalued Artificial Intelligence (AI) Stock That Could Be Worth More Than SpaceX Within 12 Months argues that a lesser-known company could outperform SpaceX based on timing and valuation pressure. The article says Space Exploration Technologies (SPCX), known as SpaceX, is valued around $2.2 trillion and was briefly the fifth-most valuable publicly traded company, after its IPO. It notes the company’s market cap and describes SpaceX’s operations across rocket launches, satellite internet, AI, and cloud computing, including ownership of X. However, the piece highlights risks: IPO stocks have historically delivered a negative one-year return averaging -1.7% since 2011, and the last four years have seen that underperformance widen. It also says SpaceX trades at well over 100 times sales and that significant share unlocks could add selling pressure as lockups expire over the next 12 months. It references Elon Musk predicting $1 trillion revenue by 2030, while the author cautions about optimistic timelines.

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