Think You Missed Out on Investing in SpaceX Stock? Think Again.

Following Space Exploration Technologies' (SPCX) impressive 2026 third-quarter earnings report, the company's stock experienced a significant surge, climbing from $147.49 on October 23 to $159.31 on October 21 - a 7.7% increase. However, the upward momentum was short-lived, as the stock price swiftly reversed and closed at $147.49 on October 23, leaving investors questioning if they had missed out on an opportunity.

The shift in sentiment can be attributed to several factors, including a more cautious approach towards SpaceX's capital expenditures and the broader market volatility caused by AI stocks and artificial intelligence trends. Despite the short-term fluctuations, SpaceX remains an investment worth considering due to its long-term potential and the company's heavy investment in AI infrastructure.

The company's capital expenditures for the third quarter of 2026 reached $19.6 billion, with $16.4 billion allocated to its AI division. However, it is essential to note that SpaceX's AI satellite launch is not expected until at least 2028. The stock's price has been volatile, ranging from $104.83 to $225.64 since its June listing.

While it is challenging to forecast SpaceX's long-term performance, analysts cover the stock with a median price target of $240, reflecting a 62.7% gain from the October 23 closing price of $147.49. Although some forecasts predict a price target of $800, it is unlikely to be achieved until 2027 or later. For those considering investing in SpaceX, it is crucial to remember that the stock's price swings are part of the investment risk-reward framework.

Long-term shareholders who have not yet invested in SpaceX may miss out on the substantial rewards that could be reaped in the years to come.