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Prediction: This Will Be SpaceX’s Stock Price by the End of 2027

Prediction: This Will Be SpaceX’s Stock Price by the End of 2027

Space Exploration Technologies (SPCX +1.23%) has had an eventful first four months on the stock market. But the company hasn’t made much money for investors who have held on since its debut. As of writing, SpaceX’s shares are trading at $134 each, below the company’s IPO price of $135. Still, SpaceX boasts attractive opportunities. How will the company perform over the next year? Let’s try to determine what its share price might be by the end of 2027.

SpaceX logo in white over a dark, partially lit Earth seen from space

Image source: The Motley Fool.

Revenue and profit drivers

SpaceX’s financial results have been strong this year. In the third quarter, the company’s revenue grew by 161% year over year to $14.6 billion. It also posted a net income of $4.4 billion — or $0.35 per diluted share –…

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