Is SpaceX a More Promising Investment Than These Four Top Stocks?

Key Points

• Alphabet, now owning over 6% of SpaceX, pays $920 million monthly for AI compute capacity rental.

• SpaceX aims for $1 trillion in revenue by 2031 and plans to deploy orbital AI compute satellites as early as 2028.

• SpaceX’s market cap reached $2.64 trillion as of June 16, 2026, surpassing companies like Meta and Tesla.

Space Exploration Technologies (NASDAQ: SPCX) went public in June 2026, experiencing a remarkable 49% surge in its first three days, closing with a market cap of $2.64 trillion. This places SpaceX just behind Amazon among the most valuable companies.

Alphabet’s investment has increased significantly since 2015, contributing to its status as the most profitable company in the world with $160.2 billion in net income. In contrast, SpaceX aims to leverage its position in AI compute by developing orbital data centers, looking to capitalize on AI technology and market demand.

SpaceX anticipates launching its orbital AI compute satellites by 2028, potentially revolutionizing the tech landscape while boosting revenue prospects significantly, alongside partnerships with companies like Nvidia for advanced hardware solutions.