Space Exploration Technologies (NASDAQ: SPCX) was a stock that many were skeptical of when it went public. While there was a sound business behind it, its early $2 trillion market cap seemed a bit suspect. Fast-forward a few months from its initial public offering to today, and after some notable ups and downs, its market cap sits at about $2 trillion. However, what has changed along the way is the market’s perception of the business.

While I was skeptical of SpaceX’s financial viability as a $2 trillion company, it recently showed investors why it deserves that valuation, primarily through its incredible growth. This is coming from business segments that some investors might not have expected, and it could be the…