Here's What a $10,000 Investment in SpaceX Stock Could Be Worth in 2035 (Hint: It's a Lot)

In 2035, a $10,000 investment in SpaceX stock could potentially be worth significantly more than its initial value. When Space Exploration Technologies (NASDAQ: SPCX) first went public in June, its stock experienced considerable volatility, but has since stabilized into a narrow trading range. With around $151 per share, the initial $10,000 purchase equates to approximately 66 shares.

The company's future growth is anticipated to be propelled by its AI computing leasing business and Starlink, its satellite internet venture. SpaceX has been rapidly expanding its AI infrastructure and has developed a proprietary "neocloud" that rents out its surplus computing power. As a provider of compute power, SpaceX enjoys advantageous short-term rates, leading to strong returns for the business. In fact, the company claims to be recouping its AI infrastructure investments within a year.

SpaceX has recently secured a $1.1 billion monthly compute deal, and has suggested it may potentially double the number of graphics processing units (GPUs) in its Colossus 2 supercomputer by the end of the year. Analysts are optimistic about these investments, with Evercore projecting that SpaceX's AI solutions and infrastructure revenue could reach $83 billion by 2027, which exceeds the current consensus of $47 billion.

Additionally, TD Cowen forecasts that SpaceX could lease up to 49% of its AI computing capacity by 2031.